The Law Dictionary for Everyone
Discrimination in the workplace takes place when an employer discriminates against an employee in relation to work-related decisions, including such issues as hiring, firing, promotions, and availability of benefits. There are federal and state laws in place to protect employees from discrimination in the workplace. To explore this concept, consider the following discrimination in the workplace definition. Definition of Discrimination […]
Read moreArticles of Incorporation are a document that, when filed with the secretary of state, establish the existence of a new corporation. The articles outline basic information about the corporation, including the type of business, and a description of the business’ operational characteristics. The state must approve the Articles of Incorporation before the business can be legally established. To explore this […]
Read moreTo indemnify means to compensate another party for losses or damages that have occurred, or which may occur in the future. It is a common practice for one party to guarantee it will compensate another party for any loss that may occur due to a contractual obligation. To explore this concept, consider the indemnify definition. Definition of Indemnify Verb […]
Read moreSexual harassment refers to unwelcome sexual advances, comments of a sexual nature, requests for sexual favors, and harassment or comments about an individual’s gender, all of which create a hostile work environment. Most commonly, sexual harassment is perpetrated by someone in a position of authority over the victim, such as an employer, supervisor, or teacher. Sexual harassment is illegal in […]
Read moreLiquid assets are any assets that can quickly be converted into cash with a minimal impact on the asset’s value. In general, liquid assets are viewed in the same manner as cash, as their value remains largely the same when sold. In order for an asset to be considered liquid, it must be in an established market, with a large […]
Read moreReconciliation is an accounting term that refers to keeping financial or other records in balance, in agreement, and accurate. The reconciliation method is often used in maintaining business records to ensure that the amount of money going out matches what is recorded as spent. Reconciliation also applies to personal financial records, as it is used to balance the family checkbook. […]
Read moreThe term “assets” refers to things owned by people or entities that have, or are expected to have, economic value. Assets can come in many forms including cash, bank accounts, investments, collectible items, personal possessions, and real property. The value of an individual’s or entity’s assets is offset by the amount of their debts, and comes into play when seeking […]
Read moreThe Pregnancy Discrimination Act of 1978, which amended Title VII of the Civil Rights Act of 1964, is a federal law prohibiting discrimination in the workplace based on pregnancy. While employers of more than 14 employees were prohibited from discrimination based on sex, the Pregnancy Discrimination Act added pregnancy and related conditions to the law. To explore this concept, consider […]
Read moreThe Occupational Safety and Health Administration (“OSHA”) is a federal agency within the United States Department of Labor. OSHA was established under the Occupational Safety and Health Act enacted by President Richard Nixon in 1970. OSHA is responsible for insuring that workers are afforded a certain level of workplace safety through training, outreach, and education. Additionally, OSHA enforces the safety […]
Read moreThe primary federal law that governs health and safety practices in both governmental industries and the private sector, the Occupational Safety and Health Act works to ensure that all employers keep their employees safe in the workplace. Conditions dictated by the Act include, among other things, toxic chemicals, damaging noise levels, and excessive weather conditions. The Act is outlined in […]
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