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: Reproduced under the terms and conditions of the Click-Use Licence.

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Taka Natural Person Declaration of incompatibility
Profit and Loss Responsibility Afghani Associated companies
Ex facie Asset Turnover Accounting Rate of Return
Lobbyist Garage Sale Won
Managerial Resources Autoregressive Office Of Exit
Progress payments Audit VRN
Market Based Pricing Forced Acquisition Arbitrage
Cancellation Period BTW Price floor
Kaffirs Floatation Peripheral
Fifo ROI European Council
Allowable expenses Vendors Seigniorage
Bona vacantia Project support Office Charge Cards
Indemnify Administration order DDOS

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

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