What How When Where
Idea Showers – Usually called Brainstorming. A method of problem solving involving members of a group meeting and sharing ideas. Identity Theft – A crime in which someone obtains another person’s personal information, such as passport, credit card details, etc., and poses as that person in order to steal money, get benefits, make purchases, etc. Idle Time –…
Hacker – Nowadays the word hacker commmonly refers to a person who breaks into or ‘hacks’ into the secure computer systems of an organization, especially websites and online systems, using online connection, often just as a technical challenge, or potentially with intent to steal, destroy, vandalise information, websites, etc. Originally however the terms hack and hacker…
Gaffer – In the entertainment industry, a member of a film crew who handles the lighting equipment. Gagging Clause – A clause in an employment contract which prevents an employee from disclosing certain information about the company to the press, union officers, etc. Gagging Order – A legal order issued by a court to prevent the public reporting…
Factory Floor – The area of a factory where the goods are made. Also the collective name of the ordinary workers in a factory, rather than management. Factory Price – The price charged for goods direct from the factory, not including transport costs, etc. Factory Price is often quoted by retailers or in advertisements to show that…
Earnest Money – Money paid in good faith as a deposit, usually for a property, to show that the buyer is serious about doing business with the vendor. Earn-Out – An arrangement in which an extra future conditional payment is made to the seller of a business in addition to the original price, based upon certain criteria…
The Daily Official List – The daily record setting out the prices of shares that are traded on a stock exchange. Damage Limitation – The process of trying to limit or curtail the amount of damage or loss caused by a particular situation or event. Dark Net – A term for online private websites and networks concealed from…
Cafeteria Plan – A system which allows employees to choose from a selection of benefits which may be tax-advantaged, such as retirement plan contributions, health benefits, etc., in addition to their salary. Calculated Risk – A risk which has been undertaken after careful consideration has been given to the likely outcome. Callable – Usually applies to bonds or…
Back-End Load – A fee or commission paid by an individual when they sell their shares in an investment fund. Back Shift – A group of workers or the period worked from late afternoon until late at night in an industry or occupation where there is also a day shift and a night shift. Backscratching – Informal term…
A la Carte – Technically ├á la carte, an eating-place menu from which individual dishes at separate prices can be ordered, or less commonly where a side dish may be ordered at no extra charge, from the French phrase meaning ‘to the menu’. Increasingly now applied to non-food services in which individual selections are offered…
1.4142 – The diagonal (approximate, to four decimal places) of a 1 x 1 square, also known as Pythagoras’s Constant, and therefore also the ratio (1:1.4142) for calculating the diagonal side of a right-angled triangle in which the two short sides are of equal length. 1.6180 – The Golden Number (to four decimal places)….