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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PaaS Tala Collateralised Transactions
Gatekeeper Creditors Conditional Sale
Employees Flexitime Blowfish
Elephant Hunt Purchasing economies Goodwill
Organic growth Administration order Interium
Leone Principal Place of Business Cash Flow Forecast
Accountancy Write-off Personal data
Codicil Accrued Interest ISA
GTC Declaration Date Scalability
Heads Up ADSL Secured creditor
Simple Interest Landlord Id est (i.e.)
Tax Year Patent Pools Calculated risk
Penetration Testing Court Alias

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

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