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Fixed Cost, Variable Cost, Opportunity Cost, Assets, Liabilities, Credit,…
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Assets
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property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
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Liabilities
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a thing for which someone is responsible, especially a debt or financial obligation.
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Credit
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the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
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Income
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money received, especially on a regular basis, for work or through investments.
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Wage
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a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.
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Salary
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a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.
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Career
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an occupation undertaken for a significant period of a person's life and with opportunities for progress.
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Employee
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a person employed for wages or salary, especially at nonexecutive level.
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Net income
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the amount an individual or business makes after deducting costs, allowances and taxes.
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Income tax
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a type of tax governments impose on income generated by businesses and individuals within their jurisdiction.
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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.
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Credit card
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a financial tool offered by a bank as a type of loan, with a line of revolving credit that you can access with your card account.
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Interest
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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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