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Fixed cost, Variable cost, Opportunity cost, Assets, Liabilities, Credit,…
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Liabilities
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Definition: The state of being responsible, especially by law.
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Credit
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Definition: The ability of the consumer to acquire goods or services prior to payment with the faith that the payment will be made in the future.
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Income
Definition: Money received, especially on a regular basis, for work or through investments.
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Wage
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Definition: A payment usually of money for labor or services usually according to contract and on an hourly, daily, or piecework basis.
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Job
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Definition: A piece of work, especially a specific task done as part of the routine of one's occupation or for an agreed price.
Career
Definition: A person's progress or general course of action through life or through a phase of life, as in some profession or undertaking.
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Net Income
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Definition: The amount of money you bring home after taxes and other deductions are taken out of paycheck.
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Income Tax
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Definition: Tax levied by a government directly on income, especially an annual tax on personal income.
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Sales Tax
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Definition: An additional amount of money we pay based on percentage of the selling price of goods and services that we purchase.
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Debit Credit
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Definition: The account receiving benefit is debited, while the account giving benefit is credited.
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Credit Card
Definition: The right granted by a creditor to an application to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment.
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