Stephanie Lynn ArriagasVocabularyPower Point

Mrs. Kilgore

Franchisingis the practice of using another firm's successful business model.

Franchisorone that grants a franchise

FranchiseeThe party in a franchising agreement that is purchasing the right to use a business's trademarks

Apprenticeshipsystem of training a new generation of practitioners of a skill. Apprentices

Job Sharingan employment arrangement where typically two people are retained on a part-time or reduced-time basis to perform a job

Net Payremaining amount after deductions from the gross salary, where net means ultimate

Deductionsin logic: Deductive reasoning, inference in which the conclusion is of no greater generality than the premises

Gross PayThe total of an employee's regular remuneration including allowances, overtime pay, commissions, and bonuses, and any other amounts

ExemptionsVarious tax systems grant a tax exemption to certain organizations, persons, income, property or other items taxable under the system

AllowancesAn amount that is allowed or granted