Business Terms and Jargon Explained

What is Hidden Economy

Certain activities may be productive and also legal but are concealed from the authorities for various reasons, for example: to evade taxes or regulation. In principle these, as well as economic production that is illegal, are to be included in the accounts but are by their nature difficult to measure.

Crown Copyright. Material taken from National Statistics website: www.statistics.gov.uk. Reproduced under the terms and conditions of the Click-Use Licence.

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Walking Possession Forfeit WTO
Orse Chair Plug In limine
Double Deflation Forced Acquisition CPC
NAIRU DTI system Xerox
Donee Blowfish Procurement
Agency agreement Asset Turnover Horizontal integration
JIT Billing Cycle Trojan
User Group CAPEX Buy back
Offshore KYC Golden Handcuffs
Commute Quasi-corporations Per stirpes
Birr Pupillage UN
Solvency Aggregate Supply Greenwashing
Complaint Exchange Rate Abatement

Term created / updated 2007-01-19 15:09:14

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