Business terms and jargon explained. Your business dictionary

What is Vertical integration

This is where businesses merge together or are taken over by a business in the same part of a production cycle or industry. I.e. When a milk farm takes over a business in the distribution of milk or visa versa were a distributor of milk purchases a milk farm.

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Moonlighting	Nominal wage flexibility	N279 Civil Court form	Floatation
Pension Contributions	QC	Visible Trade	Insolvency
Dong	Company Car	Lifo	Landlord
Labour	Log	Petty Cash	Warrant of commitment
Earning asset	Prospecting	Invention	Deadline
Holding Companies	Objects clause	User Group	Pula
Yuan	Unissued stock	Project brief	Talis qualis
Paying Agent	Gross domestic product - GDP	Automatic Stabilisers	Affiliate agreement
Net Pay	Standard terms and conditions	N9B Civil Court form	Derivative action
Non constat	Biweekly	Institutional Sector	Supply Chain

Term created / updated 2008-08-21 14:47:33

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