4. INTEREST: RIGHT, TITLE, OR LEGAL SHARE IN
SOMETHING (2) : PARTICIPATION IN ADVANTAGE
AND RESPONSIBILITY
5. GROSS PAY: TO DESCRIBE ALL OF THE MONEY YOU'VE
MADE WHILE WORKING AT YOUR JOB, FIGURED BEFORE
ANY DEDUCTIONS ARE TAKEN FOR STATE AND FEDERAL
TAXES, SOCIAL SECURITY AND HEALTH INSURANCE.
6. NET PAY: THE REMAINING AMOUNT OF AN
EMPLOYEE'S GROSS PAY AFTER DEDUCTIONS, SUCH
AS TAXES AND RETIREMENT CONTRIBUTIONS, ARE
MADE.
7. FIXED EXPENSES: : AN EXPENSE THAT DOES NOT
CHANGE FROM TIME PERIOD TO TIME PERIOD.
9. CONSUMABLE GOODS: ARE CAPABLE OF BEING
CONSUMED; THAT MAY BE DESTROYED, DISSIPATED,
WASTED, OR SPENT.
10. DURABLE GOODS: GOODS, SUCH AS MOST PRODUCER
GOODS AND SOME CONSUMER GOODS, THAT REQUIRE
INFREQUENT REPLACEMENT.
11. FICA: A UNITED STATES FEDERAL PAYROLL (OR
EMPLOYMENT) TAX IMPOSED ON BOTH EMPLOYEES AND
EMPLOYERS TO FUND SOCIAL SECURITY AND MEDICARE—
FEDERAL PROGRAMS THAT PROVIDE BENEFITS FOR
RETIREES, THE DISABLED, AND CHILDREN OF DECEASED
WORKERS.
14. BUDGET: AN ESTIMATION OF THE REVENUE AND
EXPENSES OVER A SPECIFIED FUTURE PERIOD OF
TIME.
15. CREDIT SCORE: A STATISTICALLY DERIVED NUMERIC
EXPRESSION OF A PERSON'S CREDITWORTHINESS THAT IS
USED BY LENDERS TO ACCESS THE LIKELIHOOD THAT A
PERSON WILL REPAY HIS OR HER DEBTS.
16. FINANCIAL INSTITUTION: AN ESTABLISHMENT THAT
FOCUSES ON DEALING WITH FINANCIAL
TRANSACTIONS, SUCH AS INVESTMENTS, LOANS
AND DEPOSITS.
17. MORTGAGE : THE CHARGING OF REAL (OR PERSONAL)
PROPERTY BY A DEBTOR TO A CREDITOR AS SECURITY FOR A
DEBT (ESPECIALLY ONE INCURRED BY THE PURCHASE OF THE
PROPERTY), ON THE CONDITION THAT IT SHALL BE RETURNED
ON PAYMENT OF THE DEBT WITHIN A CERTAIN PERIOD.
