Business Terms and Jargon Explained

What is Back Door

This phrase is used to describe a method which is used to gain an advantage which uses questionable ethics. Also used to describe a not so conventional method of achieving something.

E.g. Jane got a job in the company because her brother is the managing director. There was no need to hold an interview. Gaining a job in a company usually requires an interview and a recruitment process is usually followed.

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Equal opportunities policy Chambers Corner a market
Counsel Bonds Direct tax
e-company Exempt Input Tax Re
Community Acquis Consideration In loco parentis
In delicto Leverage Business case
Consumer Perjury Domain name
Operating profit Peel the onion Non-Monetary
FIO Complaint Ex facie
Payer SHA256 N213 Civil Court form
EDCS Keyman / keywoman insurance Representation order
Writ of Restitution Taxing authority Natural Person
Financial economies Abscond Logical Bomb
Yen bond Charging Order Non sequitur

Term created / updated 2006-03-27 07:30:55

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