Sweat Equity, Sweatshop, Sweepstakes, Sweetheart Contract




Sweat Equity, Sweatshop, Sweepstakes, Sweetheart Contract :




Sweat Equity : The virtual improvements of a property made by owner who worked his own carpentry, plumbing, etc. It is normally contribution of long hours and hard work that builds collection and goodwill.



Sweatshop : A classified and characterized business by a labour force that works long hours for low wages under below standard conditions



Sweepstakes : An attractive offer to increase the sale of a product or service in which participants are not required to wager or to buy but only to sign up for eligibility to win



Sweetheart Contract : A combined bargaining contract that the result of conspiracy between the company management and union officials and that it not in the best interests of the members of the bargaining unit




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