Fringe Benefits – Definition

Definition of fringe benefits (business): The perks and benefits that businesses offer their employees beyond financial remuneration such as salaries and bonus. What are fringe benefits? Fringe benefits are a …

Business Definitions

This page holds our Financial Expert™ Definitions of business jargon and terms. Cut through business jargon with our easy explainer guides. Each definition page is much more than a business …

Unsecured Loan – Definition

Definition of unsecured loan: a borrowing arrangement where the lender seeks no collateral or security over the assets of the borrower to repossess in the event that the borrower defaults …

Subsidiary – Definition

Definition of subsidiary: a company which is primarily owned by another company, rather than external shareholders. What is a subsidiary? A subsidiary is a descriptive term for a company in …

Outsourcing – Definition

Definition of outsourcing: The purchase of ready-made goods or services from other businesses rather than producing them in-house from scratch. What is outsourcing? In plain English, outsourcing is when a …

Code of Ethics – Definition

Definition of code of ethics (business): A reference guide providing guidance to employees to help them understand expected behaviours and guide them through moral dilemmas. What is a code of …