Business Terms and Jargon Explained

What is Dead Wood

A phrase used to describe individuals in a company that do not contribute to the companies output or objectives. They do not serve any purpose or their usefulness has expired.

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Contingent liabilities Primary legislation Refund
Deregistration Negative equity Year end dividend
Special Commissioner N445 Civil Court form Hedge
Hire purchase Ceteris paribus Real
Visible Trade Txid Import Duty
State of the art Dongle Contingency
Current Liability Economist MD5
Comparative Advantage Warrant of commitment Default Judgment
Taxing authority Credit-Worthiness Law Lord
Audit Encode External growth
Armchair general BitPay Bug Bounty
Arbitrage Profit Enterprise zone
Garnishee Order Interium P11D

Term created / updated 2006-03-27 08:00:55

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