KEY EMPLOYEE
A valuable employee with a major ownership and plays a vital role in the decision-making of the company. These people are usually highly compensated and may receive special benefits as an incentive. Absence of key employees is highly unfavorable to the company or organization they belong, which can lead to huge losses.
The Internal Revenue Service (IRS) used this term for an employee who has more than 5% business ownership and/or more than 1% business ownership. Also, its annual compensation is greater than a specific amount or is an officer with compensation more than a certain amount. Other IRS and government rules have various definitions of "key employee" for different purposes.
POPULAR TERMS
Peace Dividend
It is the funds that become available in the budget of the national government when the county is at peace, and can afford to lessen its defense sp ...
Subprime Meltdown
Situation which affected the mortgage industry in 2007 because of approving individuals with poor credit rating. The housing boom in mid-2000s and ...
False Market
A market in which prices are manipulated by false information, preventing the efficient negotiation of prices. These types of markets will often be ...
Worldwide Coverage
Worldwide Coverage is an insurance policy that provides international coverage for personal property owned by the insured against any loss or damag ...
In the Pink
Informal expression that describes a situation in which an economy or investor is in a rosy financial position. More generally, it pertains to bein ...
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Buying a Home: Selecting a House Suitable for Your Needs
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |
