tromboning n.— «A prime example is the historical monopolisation of the telecoms sector by Telkom. In order to deliver cheaper calls we have been forced to resort to a method called tromboning. Here, we actually re-route calls to...
shirt-changing n.— «In other cities, such as Syracuse, law firms have re-incorporated within Empire Zones to take advantage of the breaks, a practice known as shirt-changing.» —“Great address, near Capitol, tax...
LBJ rule n.—Gloss: a law that says a politician currently holding an elected office can run simultaneously for re-election to that office and for election to a new office. Note: LBJ refers to President Lyndon Baines Johnson. «Using what...
near-hire n.— «After insistent lobbying from call center agencies, Gloria Arroyo also approved the allocation of P500 million ($10,907,504) for the “re-education” of “near-hires”—a term used to describe the 92 percent of applicants who...
changing shirts n.— «The most criticized part of the program was one that allowed companies to merely re-incorporate under a new name, move into a zone and claim benefits for creating new jobs. A 2005 law overhauling the programs outlawed...
get one’s bait back v. phr.— «Bain and its co-investors extracted special payments of over $100 million from each company, enabling Bain to make a healthy profit even before re-selling the businesses—a practice known as “getting...