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Today's Terms
Wrongful termination
Definition:
In addition to "at will employment" courts have extended the measures to protect a worker's job and have set certain guidelines for terminating employees.
Inflation
Definition:
A rate of increase in the general price level of all goods and services. (This should not be confused with increases in the prices of specific goods relative to the prices of other goods.)
Futures
Definition:
Contracts that require delivery of a commodity of specified quality and quantity, at a specified price, on a specified future date.
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