Search results for: “minimum pay”
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Liquidity
Financial Definition of Liquidity Meaning of Liquidity A market is liquid when it has a high level of trading activity, allowing buying and selling with minimum price disturbance. Also a market characterized by the ability to buy and sell with […]
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Subject
One who is under the governing power of another; a person owing allegiance to a monarch. liable , subordinate , subservient, answerable for. Also, the term means the thing or topic under consideration .
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Labor Cooperation
North American Agreement on Labor Cooperation in Global Commerce Policy In this regard, north american agreement on labor cooperation is: an agreement containing binding obligations signed by the Canada, Mexico and United States in September 1993 as part of their obligations under NAFTA with […]
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Reserve
As a verb, to hold back for a future use; set aside. As a noun refers to the fund set aside as a reserve to cover uncollectible accounts.
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Dead Rent
A rent payable on a mining lease in addition to a royalty. So called because it is payable, although the mine may not be worked. Wharton. …
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Installment Note
Concept of Installment Note in the context of Real Property A short definition of Installment Note: A note calling for payment of both principal and interest in specified amounts, or specified minimum amounts, at specific intervals.
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Right
Legal Definition and Related Resources of Right Meaning of Right In its legal sense, the term denotes the liberty or privilege conferred or protected by law of doing or abstaining from doing an act or the power or privilege enforced by law of […]
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Call
In interest in the stock. Brown v O’Keefe, 300 U.S. 598, 81 L. Ed. 827, 57 S. Ct. 543.
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Tax Preference Items
Items such as tax-loss carry forwards and carry backs and investment tax credits that shield corporate taxable income from taxes….
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Continuous Employment
English Legal System: Continuous EmploymentIn the context of the English law, A Dictionary of Law provides the following legal concept of Continuous Employment : The period for which a person’s employment in the same business has subsisted. Under the Employment Rights Act 1996, employees […]
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Gift Aid
English Legal System: Gift AidIn the context of the English law, A Dictionary of Law provides the following legal concept of Gift Aid : A system for individuals and companies to donate money to charities and for the charities to recover the tax paid on these donations (thus increasing the value […]
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Closed-Shop Agreement
English Legal System: Closed-Shop AgreementIn the context of the English law, A Dictionary of Law provides the following legal concept of Closed-Shop Agreement : A collective agreement requiring members of a particular group of employees to be or become members of a specified trade union. A […]
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Municipal Bond
State or local governments offer muni bonds or municipals, as they are called, to pay for special projects such as highways or sewers. The interest that investors receive is exempt from some income taxes….
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Fair Labor Standards Act
A federal statute, enacted in 1938 and amended several times, which regulates hours worked, minimum wages, and overtime compensation of employees engaged in interstate commerce or in the production of goods for interstate commerce. 29 U.S.C. §201 Et.Seq.