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Festivals

An event, usually staged by a local community, which usually focusses on and celebrates a unique aspect, custom or tradition of that community.

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honour

Sports; Golf

The player that won the previous hole gets to tee off first, so he/she gets the honors.

FLSA

Business services; Human resources

Fair Labor Standards Act. Employee protection law including minimum wage and overtime pay, minimum employment age etc.

Uniform Customs and Practices (Brochure 500)

Financial services; General Finance

International Chamber of Commerce rules (commonly referred to as UCP 500 or ICC 500), that are used for Letters of credit. These letters then become legally binding when written ...

apex

Sports;

the sharpest part of a turn where the transition from entering to exiting takes place.

singletrack

Sports; Bicycle & electric bicycle

a trail so narrow that two cyclists can't easily ride side by side, which makes passing difficult or impossible.

active workings

Energy; Coal

Mines, or places in mines where miners work, which have been inspected and are ventilated.

tax shield

Financial services; General Finance

The reduction in income taxes that results from taking an allowable deduction from taxable income.

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