vocabulary

3. Tool that makes it easier to trade one thing of value for another.
6. Automatic deposit of a person’s paycheck into his or her checking account.
8. Person or company who hires a person and pays him or her for work done.
9. Percentage of the amount of a business transaction paid to a sales agent or broker.
11. Wages that are earned when an employee works more than 40 hours in a week.
13. List of employees a company pays.
15. last day of each month.
16. Employee’s total pay before deductions.
17. Pay structure in which employees are paid every two weeks, often on a Friday.
20. Amount of money paid for each hour worked.
21. Formal agreement between two or more entities, such as people or organizations.
23. Pay structure that divides the month into two pay periods; payday is often
26. Pay that comes from a person’s work.
27. Person who provides a service to the public or to a company for money.

1. Pay structure in which salaried employees receive 1/12 of their annual salary on
2. When the only compensation received by an employee is commission.
4. Lowest hourly wage employers are legally required to pay employees.
5. Pay structure in which employees are paid each week.
7. Income that is not derived from a person’s work.
10. Wages that are earned when an employee works more than 40 hours in a week.
12. Pay the employee receives for the work performed.
14. Fixed payment for a person’s work, usually paid monthly or twice per month.
17. Trading items other than money.
18. Repeating time frame that an employer uses to calculate and pay salaries and wages.
19. the middle and the end of the month.
22. Person who starts a business venture and assumes the risk of its success or failure.
24. Agreement that has been acknowledged only through spoken words.
25. Money received by a person or company.