*  Vocabulary* 

1. *Vocabulary* By Makayla Couch

2. Franchise • Grant a franchise to (An authorization granted • by a government or company to an individual or group enabling them to carry out specified commesuffrage - privilege - prerogative - charter - vote • racial activitiesan individual or group).

3. franchisor • One that grants a franchise

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

5. apprenticeship • One bound by legal agreement to work for another for a specific amount of time in return for instruction in a trade, art, or business.

6. job sharing • division of a job between two or more people such that each covers the same job for complementary parts of the day or week job sharer

7. W-4 form • form that employees fill out when starting a job in the United States. The form calculates the tax withholding from an employee's paychecks, depending on the number of persons in his/her household and the employee's expected filing status for that year. The W-4 form does not determine one's tax liability; one may receive a refund (or be required to pay extra) depending on his/her specific deductions, credits and income.

8. net pay • the amount left over after deductions from the gross salary

9. deductions • An expense that is allowable as a reduction of gross taxable income by the IRS e.g., charity donations

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

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.

13. THE END!!! THANKS FOR WATCHING 