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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Primary legislation Mitigation Undercapitalized
Marginal Cost Pricing Gross interest Liquidity
Installment Warrant of detention Above-board
Offer Unearned income Discretionary Fiscal Policy
Trademark Accounting Rate of Return Credit Scoring
Pula Balance Sheet Offshore funds
Baseline Security Adjournment Kickback
Share Capital CHAPS Commission
Jitney Technical economies Network Address Translation - NAT
County Court Bank Statements Lifo
Inter partes Pecuniary Legacy Confiscation order
Alternative investment Credit Concentration NPO
Indemnify Contingent Beneficiaries Capital intensity

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

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