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Today's Terms
Unions
Definition:
Unions are organizations of workers to improve their working conditions and protect their common interest.
Futures
Definition:
Contracts that require delivery of a commodity of specified quality and quantity, at a specified price, on a specified future date.
Unfair labor practice strike
Definition:
Employees who take part in an unfair labor practice strike retain their status as employees. Once the NLRB determines an employer's actions to be an unfair labor practice, employees are entitled to have their old jobs back, even if their employer has hire
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