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Vocabulary.9[: By; Jorge Orozco. Franchise An authorization granted by a government or company to an individual or group enabling them to carry out specified.

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Presentation on theme: "Vocabulary.9[: By; Jorge Orozco. Franchise An authorization granted by a government or company to an individual or group enabling them to carry out specified."— Presentation transcript:

1 Vocabulary.9[: By; Jorge Orozco

2 Franchise An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities...

3 franchisor The company that allows an individual (known as the franchisee) to run a location of their business. individual franchiseelocationbusiness

4 franchisee One that is granted a franchise, as to market a company's goods or services in a certain local area.

5 apprenticeship the position of apprentice

6 Job Sharing is an employment arrangement where typically two people are retained on a part-time or reduced- time basis to perform a job..

7 W- 4 Form IRS tax forms are used by taxpayers and tax-exempt organizations to report financial information to the Internal Revenue Service (IRS)...

8 Net Pay is the remaining amount after deductions from the gross salary, where net means ultimate.

9 Deduction Any item or expenditure subtracted from gross income to reduce the amount of income subject to tax.income

10 Tax Allowances An amount of income that can be earned tax-free. Tax allowances vary according to a person's circumstances..

11 exemptions The process of freeing or state of being free from an obligation or liability imposed on others.

12 Gross Pay A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrast...


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