An investment intended to reduce tax; any technique that allows one to legally reduce or avoid tax liabilities

Amount paid beyond what is required usually to express satisfaction with service quality; also known as a gratuity

To give in exchange for something else; trade can involve money or barter

The act of giving up some of one thing to have more of another

Payments by governments, such as social security, veterans benefits, and welfare, to people who do not supply current goods, services, or labor in exchange for these payments

Money received for which no exchange was made, such as a gift

The percentage of people without jobs who were actively seeking work within 30 days

Payment for work, usually calculated in periods of an hour

Desires that can be satisfied by consuming a good or service

Accumulated assets such as money and/or possessions, often as a result of saving investment

The amount of an employee's income that sends directly to the federal, state, or local tax authority as partial payment of that individual's tax liability for the year. When people start new jobs they are required to complete a W-4 form on which they indicate their filing status and the number of allowances they are claiming