Dictionary-of-Human-Resources-Management

common ownership 52 company
tem of laws which formerly were the
only laws existing in England, and
which in some cases have been superseded
by statute (NOTE: you say at
common law when referring to something
happening according to the principles
of common law)
common ownership /kɒmən
əυnəʃIp/ noun a situation where a
business is owned by the employees
who work in it
communicate /kəmjunIkeIt/ verb
to exchange views or information with
someone We need to find better ways
of communicating with staff In her
presentation she communicated her
knowledge of details and her enthusiasm
for the project well.
communication /kəmjunI-
keIʃ(ə)n/ noun 1. the passing on of
views or information A house journal
was started to improve communication
between management and staff. Customers
complained about the lack of
communication about the unexpected
delay. to enter into communication
with someone to start discussing something
with someone, usually in writing
We have entered into communication
with the relevant government department.
2. an official message We have
had a communication from the local tax
inspector.
communications /kəmjunI-
keIʃ(ə)nz/ plural noun the fact of being
able to contact people or to pass messages
After the flood all communications
with the outside world were
broken. a breakdown of communications
a time when people do not communicate
with each other There has
been a breakdown of communications
between management and shopfloor
workers.
communicative /kəmjunIkətIv/
adjective referring to a person who can
communicate easily with others
‘…that kind of approach will require a new style
of communication, both upwards and
downwards, throughout the organisation it has a
forward-looking and communicative
management team’ [Personnel Management]
commutation /kɒmjυteIʃ(ə)n/
noun the act of exchanging something
for money in another form
commutation of pension rights
/kɒmjυteIʃ(ə)n əv penʃən raIts/
noun the act of taking a lump sum instead
of a pension
commute /kəmjut/ verb 1. to travel
to work from home each day He commutes
from the country to his office in
the centre of town. She spends two
hours a day commuting to and from
work. We have bought a house within
commuting distance of London. 2. to exchange
one form of payment for another
I decided to commute part of my pension
rights into a lump sum payment.
‘Commuting is never business use. A trip to
work is personal and not deductible. And
making a business phone call or holding a
business meeting in your car while you drive
will not change that fact’ [Nation’s Business]
commuter /kəmjutə/ noun a person
who commutes to work
commuter belt /kəmjutə belt/
noun an area of country where the commuters
live round a town
commuter train /kəmjutə treIn/
noun a train which commuters take in
the morning and evening
Companies Act /kmp(ə)niz kt/
noun an Act of Parliament which regulates
the workings of companies, stating
the legal limits within which companies
may do their business
Companies Registration Office
/kmp(ə)niz redʒIstreIʃ(ə)n ɒfIs/
noun an office of the Registrar of Companies,
the official organisation where
the records of companies must be deposited,
so that they can be inspected by
the public. Abbr CRO (NOTE: also
called Companies’ House)
company /kmp(ə)ni/ noun 1. a
business, a group of people organised to
buy, sell or provide a service 2. to put
a company into liquidation to close a
company by selling its assets for cash
COMMENT: A company can be incorporated
(with memorandum and articles of
association) as a private limited company,
and adds the initials ‘Ltd’ after its name, or
as a public limited company, when its
name must end in ‘Plc’. Unincorporated
companies are partnerships such as firms
of solicitors, architects, accountants, etc.,
and they add the initials ‘Co.’ after their
name.