Bea vocab Flashcards
Wage
A type of way to pay people for how long they work or how much of a thing they make.
salary
A salary is a way to pay people, but over a longer period you may get sick days and perks
Perks
An advantage you get from your company is that it is given for free or for cheap.
Commission
where you help someone sell something and you get a small percentage for the sale.
rent
You pay rent to continue living on someone’s land and house.
Interest
Money that you have to pay back and a small percentage of it because you have borrowed money.
profit
Money that you make by buying and selling an asset
Fees
Fees is a fixed charge for a specific product or service.
dividend
a sum of money paid regularly to its shareholders from its profit.
superannuation
Regular payments made into a fund by an employee towards a future pension.
inheritance
When a family member dies, you get part of the deceased’s money.
gambling
Play games for a chance to win money
royalties,
When you use someone’s work for something money is played after a certain amount of views.
Time
the indefinite continued progress of the existence. A finite resource.
Hire fees
Fees which you pay to hire a thing
admission fees
Fees you pay to be admitted to a place.
piracy
When you reproduce an item illegally and without authorization.
Endowment
provide with a quality, ability, or asset
skills
ability to do something well.
Opportunity
Time or set circumstances that make it possible to do something.
Bank Overdraft
Where a business is allowed to withdraw more money than they have in the bank
Bank statement
A document that shows all your transactions with the bank from a particular account