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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Quaeitur Customs Action Text Free Zone Goods
Minority Interest Institutional Sector Information Commissioner
Zone Peel the onion Summary Judgment
N336 Civil Court form Rainmaker Doable
Stock losses Spoilage Womb to Tomb
Acquirer Brainstorm Base Rate
Accumulation Best practice Authorised Operator
Foreclosure Credit Sale Letter of request
Xerox Foreign position Magic bullet
Cartel Regulations - EU Offshore
Stet Ad Idem Social justice
Taka Grant of probate mutatis mutandis
Western Union Consensus Production

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

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