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Today's Terms
Completeness of Investigation
Definition:
An employee should only be terminated if his/her guilt was proven beyond reasonable doubt. If an employee has been accused, the proof can not rest on assumptions only.
Laissez-faire
Definition:
French phrase meaning "leave alone." In economics and politics, a doctrine that the economic system functions best when there is no interference by government.
Capital market
Definition:
The market in which corporate equity and longer-term debt securities (those maturing in more than one year) are issued and traded.
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