The Family and Sick Leave Act (FMLA) is a labor law of 1993 that protects the workplace of employees who need to take leave for personal or family reasons.
The law guarantees that up to 12 weeks may be required for a qualified worker for reasons such as the birth of a child, adoption, personal or family illness.
The Family Leave and Sick Leave Act 1993 ensures that when an employee returns to work, they can return to the job they held prior to the leave. If that job is no longer available, they should be offered a job that is substantially equal in pay and status.
To qualify for the FMLA, an employee must work for a firm that employs at least 50 people within a 75-mile radius of the place of work, and they must have worked at least 1,250 hours in the last 12 months.
The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption.
The 500 shareholder threshold was a rule set by the SEC that required companies to publicly disclose financial statements and other information if they reached 500 or more individual shareholders.
The Basel Accords are part of a series of three international banking regulatory meetings that established capital requirements and risk measurements for global banks.
Basel III is an international regulatory agreement that introduced a series of reforms aimed at improving regulation, supervision and risk management in the banking sector.
Black money includes all funds earned as a result of illegal activities, as well as other legitimate income that is not taken into account for tax purposes.