| A | B |
|---|
| annual wages | the amount of money an employee is paid for an entire year |
| gross pay | the total wages for a pay period before deductions and taxes have been subtracted |
| discount | a reduction in price |
| hourly wage | the amount of money paid for an hour of work |
| deductible | the portion of a claim that is not covered by an insurance provider |
| commission | a percentage of sales or profit paid to an employee from items or services sold |
| medical insurance | a type of insurance usually offered by an employer |
| minimum wage | the hourly rate below which employers may not pay employee |
| premium | the amount of money charge by an insurance company for a policy |
| salary | a fixed compensation that is paid for services on a regular basis |
