- tip credit
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(U.S.) The term commonly used when referring to the <b>tip wage credit</b>, an employer benefit provided in the U.S. Fair Labor Standards Act of 1938.<p>
Wikipedia foundation.
Wikipedia foundation.
Tip — A tip (also called a gratuity) is a payment made to certain service sector workers in addition to the advertised price of the transaction. The amount of a tip is typically calculated as a percentage of the transaction value before applicable… … Wikipedia
Credit unions in the United States — Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account Money market account Certificate of deposit … Wikipedia
Credit squeeze — A credit squeeze occurs when interest rates rise and new credit is difficult to access. At such times, marginal borrowers, or those who have borrowed at the end of any debt induced asset bubble , get squeezed out of further borrowing, and a… … Wikipedia
tip wage credit — noun a) A law that allows an employer to count tips received by an employee toward the latters minimum wage. b) A monetary benefit to an employer under this law … Wiktionary
Earned income tax credit — The United States federal Earned Income Tax Credit (EITC or EIC) is a refundable tax credit. For tax year 2007, a claimant with one qualifying child can receive a maximum credit of $2,853. For two or more qualifying children, the maximum credit… … Wikipedia
Fair Labor Standards Act — The Fair Labor Standards Act of 1938 (FLSA, ch. 676, USStat|52|1060, June 25, 1938, usc title chap|29|8), also called the Wages and Hours Bill, [ [http://www.time.com/time/magazine/article/0,9171,758587,00.html Wages and Hours ] , Time magazine … Wikipedia
japan — japanner, n. /jeuh pan /, n., adj., v., japanned, japanning. n. 1. any of various hard, durable, black varnishes, originally from Japan, for coating wood, metal, or other surfaces. 2. work varnished and figured in the Japanese manner. 3. Japans,… … Universalium
Japan — /jeuh pan /, n. 1. a constitutional monarchy on a chain of islands off the E coast of Asia: main islands, Hokkaido, Honshu, Kyushu, and Shikoku. 125,716,637; 141,529 sq. mi. (366,560 sq. km). Cap.: Tokyo. Japanese, Nihon, Nippon. 2. Sea of, the… … Universalium
Authorization hold — (also card authorisation, preauthorization, or preauth) is the practice within the banking industry of authorizing electronic transactions done with a debit card or credit card and holding this balance as unavailable either until the merchant… … Wikipedia
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium