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HR Dictionary

 

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No.
Word
Explanation
1 Zero-based budgeting Zero-based budgeting is a budgeting system that starts with no authorized funds as a starting point. In a zero-based budget, each activity or program to be funded must be justified every time a new budget is prepared and resources are allocated accordingly.
2 Zipper clauses Zipper clauses are contract clauses in which both parties waive the right to demand bargaining on any matter not dealt with in the contract, whether or not that matter was contemplated when the contract was negotiated or signed.