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Civics: Chapter 15 Vocabulary

AB
indirect payments for workFinge Benefits
payments for the profits of companies in which a person owns stockDividends
amount of money available after taxes have been paidDisposable Income
expenses that remain the same month to monthFixed Expenses
expenses the changes from month to monthVariable Expenses
a plan of raising and spending moneyBudget
the pay people receive for their workEarned Income
manufacturer's promise to repair a product if it breaks within a certain period from date of purchaseWarranty
ability to turn savings into cashLiquidity
a savings plan with a set length of time that money must be kept in the account with a penalty from withdrawTime deposit
a plan where a company gives protection from the cost of injury or illnessInsurance
getting a loan to cover the rest of the costCredit plan
a collection of money from many small investors, expert then invest in stocks and bondsMutual Funds
an occupation for which you train and pursue a life's wokrCareer
a guide published by the government departments detailing hundreds of jobs, requirments and future possibilitiesOccupational Outlook Handbook


John Motley Morehead High School

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