A write-off is an accounting action that removes an asset from the books, typically as a loss or expense, when it is deemed uncollectible or obsolete. This action reduces the value of the asset while simultaneously debiting a liabilities...
business sectors
yellow dog contract
A yellow dog contract is an agreement between an employer and an employee in which the employee agrees not to join or remain a member of a labor union as a condition of employment. Historically, these contracts were used in the early 20th...
yield
To yield is to give something up or surrender control, especially when required by law. For example, to stop in order to allow other vehicles or pedestrians to go past -- the right-of-way.
To yield is also to bring forth a result, as when a search...