Tooltip Categories: Economics & Finance

know how

The knowledge and skill required to do something correctly. (source: http://www.thefreedictionary.com/know-how)

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labour

– Productive work, esp physical toil done for wages – The people, class, or workers involved in this, esp in contrast to management, capital, etc

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labour dispute

Controversy between an employer and its employees regarding the terms (such as conditions of employment, fringe benefits, hours or work, tenure, wages) to be negotiated

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journal (accounting)

A book of original entry in a double-entry system, listing all transactions and indicating the accounts to which they belong.

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judge

A public official with authority to hear cases in a court of law and pronounce judgment upon them. (source: http://www.wordreference.com/definition/judge)

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junk contract

Term referring to a specific type of recruitment contract for precarious and poorly-paid work.

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key performance indicators [KPI]

Quantifiable measures that reflects the critical success factors of an organization. They have to help to define and measure progress toward long-term and short term

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keynesian economics

An economic theory stating that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and stability. (source:

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