Making Money Vocab Flashcard Practice

Front

Hourly Rate

Back

Amount paid for each hour of work

Front

Define Wages

Back

Hours worked x Hourly rate

Front

Define Annual Wages

Back

Money earned by an employee in one year

Front

Define Estimate

Back

to judge the value of something without being exact

Front

Define hour

Back

a measure of time equal to 60 minutes

Front

Define minute

Back

a measure of time = 60 seconds

Front

Define Overtime

Back

Working time beyond a regular 40-hour week.

Front

Define Per

Back

For each or for one

Front

Define Time and a half

Back

payment 1.5 times the regular hourly rate

Front

Define Double Time

Back

payment of two times the regular hourly rate