149k views
2 votes
The term “salary” refers to the amount of money made

User Otus
by
6.2k points

2 Answers

3 votes

The Term "Salary" means a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum.

User Selmar
by
6.0k points
6 votes

Answer:

The broad definition of "salary" is the amount of money made. To be more specific, we may say that a salary is a form of payment specified in the employment contract in which the employer pays the employee on a periodic basis, usually directly into his or her bank account, for the regular work or services provided.

User Sean Wang
by
6.2k points