BUSINESS_ENGLISH
Glossary
| Term | Definition |
|---|---|
| Secondary sector/industry Category: BUSINESS_ENGLISH_GLOSSARY |
The secondary sector covers the manufacturing of goods in the economy, including the processing of materials produced by the primary sector. It also includes construction and the public utility industries of electricity, gas, and water. |
| Shift differentials (pay) Category: BUSINESS_ENGLISH_GLOSSARY |
extra compensation for employees who work a less desirable shift, such as evening or midnight shifts. The employer decides a shift differential rate and can negotiate this amount with an employee. |
| Shift transfer Category: BUSINESS_ENGLISH_GLOSSARY |
the act of an employee being moved, upon the initiation of the department, from one unit/shift to another unit/shift |
| Shortage Category: BUSINESS_ENGLISH_GLOSSARY |
lack, deficit |
| Standard of living Category: BUSINESS_ENGLISH_GLOSSARY |
Standard of living is the level of income, comforts and services available, generally applied to a society or location, rather than to an individual. Standard of living is relevant because it is considered to contribute to an individual's quality of life. |
| Stocks Category: BUSINESS_ENGLISH_GLOSSARY |
the proprietorship element in a corporation usually divided into shares and represented by transferable certificates |
| Streamline Category: BUSINESS_ENGLISH_GLOSSARY |
to make simpler or more efficient |
| Subsidy Category: BUSINESS_ENGLISH_GLOSSARY |
a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public |
| SWOT Analysis Category: BUSINESS_ENGLISH_GLOSSARY |
Strengths and Weaknesses Analysis |
