Home
Subjects
Create
Search
Log in
Sign up
Upgrade to remove ads
Only $2.99/month
Home
Social Science
Economics
Finance
Taxes
STUDY
Flashcards
Learn
Write
Spell
Test
PLAY
Match
Gravity
Terms in this set (10)
Interest
The amount of money charged for borrowing or using money.
Gross Pay
An employee's pay before any deductions are taken.
Deductions
Using logic to show that a statement is true.
Net Pay
The amount that remains after all deductions are taken from the gross pay.
Simple Interest
A fixed percent of the principal.
Taxable Income
The total amount of income minus qualifying deductions.
Compound Interest
A combination of more than one inequality.
Principal
The initial amount of money borrowed or saved.
Federal Withholding
The amount of an employee's pay that the employer sends to the federal government as partial payment of the employee's yearly income tax.
Income Tax
Tax levied by a government directly on income, especially an annual tax on personal income.
YOU MIGHT ALSO LIKE...
Vocab Personal Finance
20 terms
Personal Finance Vocabulary
49 terms
Chapter 4: Understanding State and Federal Income…
18 terms
FACS - 8th Finance Vocabulary
13 terms
OTHER SETS BY THIS CREATOR
Checks and balances
7 terms
Similar figures
11 terms
Equations
10 terms
Units
2 terms
OTHER QUIZLET SETS
Lecture 8 Neural Muscular Junction
12 terms
Section 3 Uniform Policy
42 terms
Marketing Exam 1
60 terms
Bus 371 Quiz 3
131 terms