Money Vocab 11-21

Front

Legal process allowing part of your check to be withheld for debt.

Back

Garnishment

Front

Knowledge, skills, education, and talent people bring to work?

Back

human capital

Front

Regular earnings from work or investments?

Back

income

Front

Mark's total cost: $0.25 (eraser) + $0.50 (pencil) + $1.00 (markers) = $1.75. Sold for $3.75. Profit?

Back

$2.00

Front

A person who organizes and runs a business.

Back

Entrepreneur

Front

Difference between cost of goods and selling price:

Back

Gross profit

Front

A rise in overall prices is called:

Back

Inflation

Front

Primary income sources for ages 20-35 not on pension or social security:

Back

Salaries, wages, and tips.

Front

Purchases with a debit card are:

Back

Deducted immediately from your checking account.

Front

Expenses are...

Back

things used to start and run a business