4.2.4 Economic Terms ⭐ 经济术语

Income 

is money received for work or from investments.

For a company to survive, its income needs to be more than its expenses.

People who earn a good salary can buy what they need to survive.

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A receipt 

is given to you after you have paid for something.

A receipt is proof that you have paid for something.

A receipt shows that something has been paid for.

After paying for something, be sure to get a receipt.

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An invoice 

is a request for payments.

An invoice lists the prices and products being bought.

To invoice someone means to give them a bill for products or services.

Once an invoice is paid, it can be used as a receipt.

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Taxes 

are what we pay to the government for government services.

Taxes pay for many services, such as education, police, and health care.

An income tax is a tax on your income.

In some countries, income taxes are very high.

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Interest 

is what we pay to lenders when we borrow money.

If someone lends you money, you pay interest for the use of that money.

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If you get a loan from a bank, you will pay interest to the bank.