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minimum wage minimum wage
minimum wage lowest wage legally permitted in an industry or in a government or other organization. The goal in establishing minimum wages has been to assure wage earners a standard of living above the lowest permitted by health and decency. The minimum has been set by labor unions through... Read more
polyester polyester
polyester synthetic fiber, produced by the polymerization of the product formed when an alcohol and organic acid react. The outstanding characteristic of polyesters is their ability to resist wrinkling and to spring back into shape when creased. In addition, polyesters have good dimensional... Read more
limiting factor limiting factor
limiting factor Any environmental factor that – by its decrease, increase, absence, or presence – limits the growth, metabolic processes, or distribution of organisms or populations. In a desert ecosystem, for example, low rainfall and high temperature will be factors limiting... Read more
Bank Charter Act Bank Charter Act
Bank Charter Act, 1844. The culmination of government efforts to create an effective legal framework to achieve a stable currency, the Act defined the roles of the Bank of England. One department had the exclusive duty of issuing notes having a minimum value of £5 as legal tender in England and... Read more
Polo Shirt Polo Shirt
Polo Shirt Apolo shirt is a knitted, short-sleeved pullover shirt with a buttoned placket, a small opening at the neckline, and attached collar. Polo shirts were first knit from wool jersey but soon were knit with cotton and other soft materials. The first polo shirts were part of the uniforms worn... Read more
activation energy activation energy
activation energy in chemistry, minimum energy needed to cause a chemical reaction . A chemical reaction between two substances occurs only when an atom, ion, or molecule of one collides with an atom, ion, or molecule of the other. Only a fraction of the total collisions result in a reaction,... Read more
airplane airplane
airplane   aeroplane, or aircraft, heavier-than-air vehicle, mechanically driven and fitted with fixed wings that support it in flight through the dynamic action of the air. Parts of an Airplane The airplane has six main parts—fuselage, wings, stabilizer (or tail plane), rudder,... Read more
margin requirement margin requirement
margin requirement that part of a security's price that a buyer must pay for in cash. The balance of the price is met by the broker, who, in effect, is supplying a client with a loan. The smaller the margin, the greater the inducement to speculation. Low margin requirements were considered an... Read more
piecework piecework
piecework work for which the laborer is paid on the basis of the amount of work done. The system is best adapted to standardized operations in which quantity is preferred to quality. Its advocates maintain that it pays the worker according to his ability. Its opponents argue that it tends to pay... Read more
Fourth Lateran Council Fourth Lateran Council
Fourth Lateran Council 1215, 12th ecumenical council of the Roman Catholic Church, convened at the Lateran Palace, Rome, by Pope Innocent III to crown the work of his pontificate. It was one of the most important councils ever held, and its canons sum up Innocent's ideas for the church. They... Read more

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