Employment status
Also called Worker status, Employee vs contractor, Self-employed status
Whether someone is an employee, a worker or genuinely self-employed. Decided by the facts, not by what the contract says.
Every trade has words it uses without explaining. In business the cost of not knowing one is real: some of them are ordinary jargon and some of them are a decision that can take a house.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
Studying business? We write GCSE revision songs, and there is one for business studies. Listen to the revision playlist.
500 terms, showing 181–190 (page 19 of 50).
Also called Worker status, Employee vs contractor, Self-employed status
Whether someone is an employee, a worker or genuinely self-employed. Decided by the facts, not by what the contract says.
Where employment claims are heard. Free to bring, and ACAS conciliation comes first.
The duty of care for waste, and the registrations that go with it.
The identifier you need to move goods in or out of the UK.
The nine protected characteristics and the four kinds of discrimination.
Also called Shares, Shareholding, Stock
Ownership of the company, expressed as shares. The most expensive money you will ever raise, and sometimes the right money.
Part of the price held back to cover warranty claims.
Environmental, social and governance performance, and the growing obligation to report it.
Also called Termination clause, Notice period, Break clause
How a contract ends. Worth reading before you sign, because it is read at the point when everybody is already unhappy.
Asking people why they are leaving. Useful if somebody acts on the answers.
If there is a word you have been nodding along to, tell us and we will write it up. This library exists because of the questions people were too polite to ask.
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