PFM1 Tayten

4. a fee that a salesperson receives upon completion of a sale
5. a financial product that transfers risk from an individual to an insurance company
7. an individuals income earned as a salary or wages before tax and other deduction
10. Money spent
12. a payment applied to the balance of a loan, used when purchasing real estate
15. fixed amount of money or compensation paid to an employee by an employer in return for work performed
17. employers may offer these in the form of products or services that add extra value beyond earned wages
19. a tax on earned and unearned income
21. outlines the deductions made to wages

1. the portion of current income not spent on consumption
2. a source of income for workers who have lost their jobs through no fault of their own
3. a state sponsered system that pays monetary benefits to workers who become injured or disabled on the job
6. wages are deposited directly into a depository institution account
8. agreement between employer and employee
9. when income is more than expense
11. a check written to the worker in the amount of money earned
13. the regular schedule that that employers pay employees
14. card a reloadable debit card onto which a workers pay is loaded
16. when income is less than expense
18. money received
20. total tax bill