Examlex
The basic principle underlying an incentive piece-rate wage system is that workers produced more if they were paid for the additional ouput.
Chapter 11 Reorganizations
A form of bankruptcy that involves the reorganization of a debtor's business affairs and assets, typically allowing companies to continue operations while repaying creditors.
Confirmation Hearing
A process in the U.S. legal system where a legislative body, often the Senate, reviews and approves or rejects a presidential appointment to a governmental position or judiciary.
Chapter 12 Plan
A bankruptcy provision for family farmers and fishermen allowing them to restructure debts to pay them over time.
Trustee
A person who is entrusted with the management and control of another’s property or the rights associated with that property.
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