Ashley works 40 hours a week and is paid a weekly salary for those 40 hours. As a covered, nonexempt employee, Ashley must be paid a minimum weekly salary of $290 in order to meet the statutory minimum wage requirement. The minimum wage does not always have to be paid in monetary terms.
DEFINITION of 'Prepayment'. The satisfaction of a debt or installment payment before its official due date. A prepayment can be for the entire balance or for any upcoming payment that is paid in advance of the date for which the borrower is contractually obligated to pay it.Examples of a prepayment come in the form of rent or early loan repayments.Next Up.EFINITION of 'Prepayment'. The satisfaction of a debt or installment payment before its official due date. A prepayment can be for the entire balance or for any upcoming payment that is paid in advance of the date for which the borrower is contractually obligated to pay it.
Appointed coun-sel there receive a flat fee for pretrial prepara-tionâ$1,333 if the case is resolved without a trial and $2,000 if the case goes to trial. If the case goes to trial, appointed lawyers receive $200 for up to three hours of court time and $400 per day for more than three hours.The Rand study con-cluded that court-appointed lawyers in Philadel-phia effectively earn around $2 an hour, far below current minimum wage.ppointed coun-sel there receive a flat fee for pretrial prepara-tionâ$1,333 if the case is resolved without a trial and $2,000 if the case goes to trial. If the case goes to trial, appointed lawyers receive $200 for up to three hours of court time and $400 per day for more than three hours.