Professional Documents
Culture Documents
Career-Student - Sheet 12
Career-Student - Sheet 12
Usage 2
“Pay” is money given to someone in return for work. Eg. Drivers are demanding higher pay.
Note: “payment” is an amount of money that must be paid for a good or service, not a salary.
‘Salary” is money paid to someone once a month, especially to professional people, managers etc
and usually it goes directly into their bank account. Eg. A salary of 100 000 pounds a year.
“Wages” are money paid weekly, usually in the form of notes and coins, especially to people
whose job is not professional. Eg. Wages at the cannery are very low.
“Fee” is money that some professions charge for a particular service they have done. Eg. Doctor’s
/ lawyer’s fees.
“Income” means any money you receive regularly, from work or anywhere else. Eg. Unearned
income (= money you get but not from work) is taxed at a higher rate.
“Earnings” is all the money you get for your regular, casual and temporary work.
“Profit” is money that you gain by selling something or doing business taking into account all
your expenses.