FIXED COST

A payment that stays the same

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VARIABLE COST

A payment that changes and dosent stay the same

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wage

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A fixed regular payment pain on a daily or weekly basis made by a employer to an employee


Oppurtunity cost

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the loss of potential gain from other alternatives when one alternative is chosen.

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Assets

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A useful or valuable that can benefit you in a good way

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Liabilities

To be responsible for something or liable for something.


Credit

The ability of someone to obtain an object or services before you pay.

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Income

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Salary

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Job

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Money received by working on a regular basis

A fixed regular payment paid by a monthly or biweekly basis

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A task or work that pays.


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career

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an occupation or profession, especially one requiring special training, followed as one's lifework:

employer

a person or organization that employs people.

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net income

the amount a person makes or business

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gross income

the amount you male before taxes, cost, and allowences are taken out

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property tax

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real property refers to land and any permanant structures attached to it.

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income tax

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tax levied by a government directly on income

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sales

a tax on sales

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budget

and estimate of income expenditure for a set period of time

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debit card

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a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.

credit card

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a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit

intrest

money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

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employee

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a person employed for wages or salary, especially at nonexecutive level.

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