Business Terms and Jargon Explained

What is Outsourcing

This is where work is subcontractors out rather than having paid employees do the work. There is both benefits and drawbacks to doing this. It will be case sensitive to the business and the position it is in and plans to be in.

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Corporate Strategy DTI-CHIEF Convertible Mark
Deliverable End Period Entry Flowchart
Coin of the realm Contingent Discount API
Value added tax (VAT) Trial bundles Payee
Internal Control Utilities Company Golden Parachute
Free Covenant Commute
Kaffirs Blue-collar worker Account monitoring order
Benefits in kind Sub-soil assets Obligor
Best practice Operational risk Ceteris paribus
AVC Sweat equity Output Tax
Relative Cost Worm Demilitarised Zone - DMZ
Lump Sum Distribution Syli Peel the onion
Vertical integration Call to Action Annual bonus

Term created / updated 2006-11-01 23:37:12

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