Business Terms and Jargon Explained

What is Relative Wage Flexibility

Describes movements in wage differentials across particular segments of the labour market, such as different regions or different occupations.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

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Prime costs Public Domain Price Elasticity of Demand
Securities Writ of Execution Deductible VAT
Working Capital Security for Loans Allotment
Out of Pocket Specified Supplies In solidum
Bail Quetzal Tax rebate
Long Term Debt In esse Going Forward
Share Premium CIF Controlling Interest
EAT Ratio decidendi Lifo
Administration Order of committal Actuary
Troy pound Vest Winding up
Indicia Trade discount Freightage
Password Lien Plaintiff
Title Conditional Sale Entrepreneur

Term created / updated 2007-04-02 12:11:34

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