WoM, AoM og Jargon Watch fra sidste og denne uge

Christina skriver: Her er de sidste ugers

WoM


gruppesøgsmål,
tidligere kollektive søgsmål - men Retsplejeloven er blevet ændret i 2007 og arbejder med første begreb.

collective redress // class actions (USA)

Form of lawsuit that allows a group of people to bring an action against the same defendant for the same reasons before one court.


hydraulisk frakturering, hydrofraktur

Hydraulic fracturing (hydro-fracturing, hydrofracking, fracking)

a technique used to release petroleum, natural gas or other substances for extraction. Fluids, commonly made up of water and chemical additives, are injected at high pressure into oil or gas deposits to fracture the rock above and release the liquid or gas below.


AoM


FIU = finansiel efterretningsenhed,
 i Danmark er det Hvidvasksekretariatet hos Statsadvokaten for Særlig Økonomisk Kriminalitet

FIU = Financial Intelligence Unit

Specialized government agencies created to help deal with the problem of money laundering and other financial crimes.


LCR = likviditetsdækningsgrad, kortsigtet likviditetsdækningskvote

LCR = Liquidity Coverage Ratio

The liquidity coverage ratio is an important part of the Basel Accords, as it defines how much high quality liquid assets have to be held by financial institutions to meet short-term obligations in case of an acute stress scenario.


Jargon Watch


Grexit/Brexit

Grexit refers to Greece’s exit from the EU due to the financial difficulties it has been going through. There was some talk of it in the first part of this year. At the moment though, it would seem  the political leaders have been able to avoid Grexit.
Brexit on the other hand, which has appeared in the second part of this year, refers to Britain’s exit from the EU, not so much due to economic difficulties but rather to unwillingness to remain.
Further reading: http://blogs.reuters.com/hugo-dixon/2012/11/12/brexit-could-come-before-grexit/



Hysteresis


From wikipedia: In economics, hysteresis refers to the possibility that periods of high unemployment tend to increase the rate of unemployment below which inflation begins to accelerate, commonly referred to as the natural rate of unemployment or non-accelerating inflation rate of unemployment (NAIRU).
From wikipedia: In economics, hysteresis refers to the possibility that periods of high unemployment tend to increase the rate of unemployment below which inflation begins to accelerate, commonly referred to as the natural rate of unemployment or non-accelerating inflation rate of unemployment (NAIRU). The term is based on the physical phenomenon of hysteresis in magnetic materials.

from today's Telegraph:
Economists call the loss of skills that accompanies such a prolonged slump ""hysteresis"" – or permanently higher unemployment as the lost generation forever fails to make it onto the jobs ladder.
 term is based on the physical phenomenon of hysteresis in magnetic materials.

from today's Telegraph:
Economists call the loss of skills that accompanies such a prolonged slump ""hysteresis"" – or permanently higher unemployment as the lost generation forever fails to make it onto the jobs ladder.



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