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100

The series of changes in life

Life cycle

100

The process of exempting a person from paying taxes on a specified amount of income for themselves and their dependents

Exemption

100

A tax you pay to the state rather than to the national government

State taxes

100

Something generally accepted as a medium of exchange

Money

100

This is the income received prior to taxes and deductions.

Gross pay

200

Your wages AFTER taxes and deductions

Net wages

200

Fixed regular payment made by an employer to an employee

Wages

200

Exchange for other goods and services without using money

Barter

200

Money received for work or through investments

Income

200

Valuable return

Profit

300

The total amount of a specific good or service available to consumers

Supply

300

A person who relies on another for financial support

Dependents 

300
Revenue service of the U.S. Federal Government

IRS (International Revenue Service)

300

These taxes are taken out of your paycheck by the federal government and used to provide income to elderly people.

Social Security

300

A card that allows purchases on credit

Credit Card

400

A society in which purchases of goods or services are made by credit card or electronic funds transferal rather than with cash or checks

Cashless society

400
A tax on wages or salary paid to both state and federal governments

Income tax

400

An unexpected gain in income

Windfall income

400

An extra benefit supplementing an employee's salary

Fringe Benefits

400

Customers desire to purchase goods and services at given prices

Demand

500

A persons earnings required by a court order to be withheld by an employer for payment

Garnishment

500

Capacity or facility for rising to higher social or economic position

Upward mobility

500

Document and employee receives giving details of money they have been paid

Paycheck sub or earnings statement

500

The financial ability to buy products and services

Purchasing power

500

An intangible asset or qualities not listed on a company's balance sheet

Human Capital

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