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Today's Terms
Panic
Definition:
A series of unexpected cash withdrawals from a bank caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency.
Salting
Definition:
This term refers to union organizers that obtain jobs with non-union workers in order to then form a union with those new co-workers.
Adequate warning
Definition:
If an employee is being punished for violating any kind of company rule, an adequate warning must have preceeded, either through the employee handbook or a signature that states that the employee was made aware of that particular rule.
More Labor Law Terms >
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State Statutes Resource Center 