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unit 3
Money
| Term | Definition |
|---|---|
| Wage | A payment that is fixed and paid either daily or weekly. |
| Soft Skills | Skills that a person has that allow them to do things effectively. |
| Net Pay | Net pay is the amount of pay that an employees earn after payroll. |
| Return on Investment | This is the the profit off of your investment. |
| Work Study Program | This program is a prgram that helps college students with financial needs and part time jobs. |
| Salary Job | When someone is hired to do a particular job and make a fixed amount of money. |
| Benefits | When your job gives you pirks for what you do and make you want ot work harder and get promoted. |
| FAFSA | This is an application for federal student aid. |
| Subsidized Loan | These are loans for undergrad students that have financial aid. |
| Economic Stability | When the resources to a healthy life. |
| Career Incentives | This is a reward that is used to encourge better employee preformance. |
| 529 Account | An account that can be used to help pay for their college. |
| Unsubsidized Loan | Graduate and undergraduate studets can get these loans, they are not based on financial need. |
| Economic Mobility | This is where the economic status changes over a period of time. |
| Gig Economy | Short-term and freelance work in a labor market. |
| Disposable Income | The income after taxes. |
| Grant | when someone gives someone else promision for something |
| Debt Ratio | Debt ratio is the ratio of debt and assests. |
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