| A | B |
|---|
| hourly rate | amount of money paid for each hour of work |
| wages | number of hours worked multiplied by the hourly rate |
| annual wages | money earned by an employee in one year |
| estimate | judge the value of something without being exact |
| overtime | working time beyond a regular 40 hour week |
| time and a half | payment of 1.5 times the regular hourly rate |
| double time | 2 times the regular hourly rate |
| tip | extra money given for good service |
| piecework | work paid according to the number of units completed |
| key digit | number to be rounded |
| salary | payment of a fixed amount of money at regular intervals |
| biweekly | every two weeks (26 times a year) |
| semimonthly | twice a month (24 times a year) |
| quarterly | every three months (4 times a year) |
| semiannually | every six months (2 times a year) |
| percent | part per one hundred |
| percentage | amount calculated by multiplying a percent times a number |
| commission | percentage of total sales |
| rate of commission | percent used to compute commission |
| gross pay | full earnings |
| deduction | money withheld from gross pay |
| net pay | amount after deductions are subtracted from gross pay |
