The revolving door is the movement of high-ranking employees from jobs in the public sector to jobs in the private sector and vice versa.
Supporters of the revolving door say that the presence of specialists in private lobbying groups and the management of government departments provides a higher level of knowledge in the development and implementation of public policy.
Policies that should prevent or restrict the practice of revolving doors are ineffective in the world’s largest democracies.
Force majeure - a clause that is included in contracts to remove liability for unforeseen and inevitable disasters that violate the expected course of events and prevent the participants from fulfilling their obligations.
Garden leave is a transitional period for employees who give or receive notice of termination, leaving them on the payroll but away from the workplace.
Bargaining means to negotiate the price of a good or service until a mutually agreed price is determined.
Bargaining is a method in which two or more parties make consecutive offers and counter offers until an agreement is reached.