Business

The term ‘permatemp’ is used to refer to an employee whose status is between a temporary employee and a permanent employee. A permatemp is a…

Goodwill is an intangible asset that arises when a buyer acquires an existing business. It is the established reputation of a business regarded as a…

The world economy is in the midst of a Global Transformation that is producing a new global class structure. In sociology and economics, the precariat…

Autarky means economic independence or self-sufficiency. It is the characteristic of self-sufficiency; the term usually applies to political states, societies, or to their economic systems.…

An independent contractor is a person, business, or corporation that provides goods or services under a written contract or a verbal agreement. They are self-employed…

Dispatched labor refers to an atypical employment relationship. Labor dispatch allows companies to scale up or down their production force as the demands of their…

Hedging denotes protecting or insuring. In finance, it is a risk management strategy. It is a financial strategy that should be understood and used by investors…

Guaranteed Stock is a stock in a company for which another company or bank promises to pay dividends in case the issuing company defaults. It…

Guilt-Edged Securities Gilt-edged security is either a bond that a government issues or a bond that a top-quality company issues. It is the government stock…

Precarious work means work where your labor rights are not secure. It is a term that critics use to describe non-standard or temporary employment that…

A zero-hour contract is an agreement stating that a given employer is not obligated to provide a worker with any minimum number of hours. It…

A dead-end job is a professional position with no prospects for advancement. It is a job where there is little or no chance of career…