w orkplace v ocabulary 7 retirement, balance, cash drawer, state taxes and federal taxes
TRANSCRIPT
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WORKPLACE VOCABULARY 7
Retirement, Balance, Cash Drawer, State Taxes and Federal Taxes
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RETIREMENT
The point where a person stops employment completely. A person can partly retire and still have a part time
job, out of necessity or choice. This usually happens upon reaching a
determined age. The average retirement age in the US is 65.
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BALANCE
A state of equality. Equally distributed
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CASH DRAWER
A compartment under a cash register that holds money, coupons, etc.
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STATE TAXES
Taxes that are imposed by state governments to fund state programs.
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FEDERAL TAXES
Taxes that are imposed by federal governments for public use.