Reactant: a substance which is in a chemical reaction. Product: substance which is produced by the chemical reaction. A chemical change that you are familiar with is rust. In this chemical reaction, oxygen and iron, which are the reactants, combine to form a product called iron oxide(rust).
Term Definition. Draw against commission is a salary plan based completely on an employeeâs earned commissions. An employee is advanced a set amount of money as a paycheck at the start of a pay period.
Basic Definition. Gross salary is the term used to describe all of the money youâve made while working at your job, figured before any deductions are taken for state and federal taxes, Social Security and health insurance.If you work more than one job, youâll have a gross salary amount for each one.ross salary is the term used to describe all of the money youâve made while working at your job, figured before any deductions are taken for state and federal taxes, Social Security and health insurance.