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Gratuity
A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service. Tips and their amount are a matter of social custom and etiquette, and the custom varies between countries and between settings. In some countries, it is customary to tip servers in bars and restaurants, taxi drivers, hair stylists and so on. However, in some places tipping is not expected and may be discouraged or considered insulting. The customary amount of a tip can be a specific range or a certain percentage of the bill based on the perceived quality of the service given. It is illegal to offer tips to some groups of workers, such as U.S. government workers and more widely police officers; the tips may be regarded as bribery. A fixed percentage service charge is sometimes added to bills in restaurants and similar establishments. Tipping may not be exp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mandatory Tipping
Mandatory tipping (also known as a mandatory gratuity or an autograt) is a tip which is added automatically to the customer's bill, without the customer determining the amount or being asked. It may be implemented in several ways, such as applying a fixed percentage to all customer's bills, or to large groups, or on a customer-by-customer basis. Economists have varied opinions on the issue of mandatory tipping. Arguments against mandatory tipping include higher food price at the restaurant to make up for wages and loss of control of dining experience. General discussion Some bars in New York City's borough of Manhattan have instituted mandatory tipping. Mandatory tipping is considered an oxymoron, as tipping is by definition a voluntary act on the part of the customer. The BBC has reported that some find the practice bothersome; particularly those who are not aware that the tipping is used to subsidize the sub-standard pay at the workplace. One waiter in London, England has critic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Waiters
Waiting staff (British English), waitstaff (North American English), waiters (male) / waitresses (female), or servers (North American English), are those who work at a restaurant, a diner, or a bar and sometimes in private homes, attending to customers by supplying them with food and drink as requested. Waiting staff follow rules and guidelines determined by the manager. Waiting staff carry out many different tasks, such as taking orders, food-running, polishing dishes and silverware, helping bus tables and restocking working stations with needed supplies. Waiting on tables is part of the service sector and among the most common occupations in the United States. The Bureau of Labor Statistics estimates that, as of May 2008, there were over 2.2 million people employed as servers in the U.S. Many restaurants choose a specific uniform for their waiting staff to wear. Waiting staff may receive tips as a minor or major part of their earnings, with customs varying widely from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Waiting Staff
Waiting staff (British English), waitstaff (North American English), waiters (male) / waitresses (female), or servers (North American English), are those who work at a restaurant, a diner, or a bar and sometimes in private homes, attending to customers by supplying them with food and drink as requested. Waiting staff follow rules and guidelines determined by the manager. Waiting staff carry out many different tasks, such as taking orders, food-running, polishing dishes and silverware, helping bus tables and restocking working stations with needed supplies. Waiting on tables is part of the service sector and among the most common occupations in the United States. The Bureau of Labor Statistics estimates that, as of May 2008, there were over 2.2 million people employed as servers in the U.S. Many restaurants choose a specific uniform for their waiting staff to wear. Waiting staff may receive tips as a minor or major part of their earnings, with customs varying widely from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bribery
Bribery is the offering, giving, receiving, or soliciting of any item of value to influence the actions of an official, or other person, in charge of a public or legal duty. With regard to governmental operations, essentially, bribery is "Corrupt solicitation, acceptance, or transfer of value in exchange for official action." Gifts of money or other items of value which are otherwise available to everyone on an equivalent basis, and not for dishonest purposes, is not bribery. Offering a discount or a refund to all purchasers is a legal rebate and is not bribery. For example, it is legal for an employee of a Public Utilities Commission involved in electric rate regulation to accept a rebate on electric service that reduces their cost for electricity, when the rebate is available to other residential electric customers. However, giving a discount specifically to that employee to influence them to look favorably on the electric utility's rate increase applications would be consi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Principal–agent Problem
The principal–agent problem refers to the conflict in interests and priorities that arises when one person or entity (the " agent") takes actions on behalf of another person or entity (the " principal"). The problem worsens when there is a greater discrepancy of interests and information between the principal and agent, as well as when the principal lacks the means to punish the agent. The deviation from the principal's interest by the agent is called " agency costs".''Pay Without Performance'', Lucian Bebchuk and Jesse Fried, Harvard University Press 2004preface and introduction Common examples of this relationship include corporate management (agent) and shareholders (principal), elected officials (agent) and citizens (principal), or brokers (agent) and markets (buyers and sellers, principals). In all these cases, the principal has to be concerned with whether the agent is acting in the best interest of the principal. The concepts of moral hazard and conflict of interes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drinksilver
Drinksilver was a kind of tip or gratuity given to artisans in Early Modern Scotland, a sum of money suitable for buying drinks and celebrating. Records of payments give insights into labour, service, and patronage. Payments and contexts Building accounts written in Latin use the word ''bibalia'' for these payments for drinks. An account for building a bridge over the River Tay mentions ''bibalia'' given to two blacksmiths Alastair and Andrew Smith and their workers. The Scottish royal accounts have numerous references to gifts of money described as "drinksilver". The money was given to construction workers, artillery-men, tailors, and other makers. The gifts were made during royal visits or at the completion of a phase of work. Mary of Guelders gave 20 shillings to masons at the College of St Salvator at the University of St Andrews in 1461. James IV gave masons working at Linlithgow Palace in September 1491 drinkilver at the "pending" of three stone vaults. The completion of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oxford University Press
Oxford University Press (OUP) is the university press of the University of Oxford. It is the largest university press in the world, and its printing history dates back to the 1480s. Having been officially granted the legal right to print books by decree in 1586, it is the second oldest university press after Cambridge University Press. It is a department of the University of Oxford and is governed by a group of 15 academics known as the Delegates of the Press, who are appointed by the vice-chancellor of the University of Oxford. The Delegates of the Press are led by the Secretary to the Delegates, who serves as OUP's chief executive and as its major representative on other university bodies. Oxford University Press has had a similar governance structure since the 17th century. The press is located on Walton Street, Oxford, opposite Somerville College, in the inner suburb of Jericho. For the last 500 years, OUP has primarily focused on the publication of pedagogical texts a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Farquhar
George Farquhar (1677The explanation for the dual birth year appears in Louis A. Strauss, ed., A Discourse Upon Comedy, The Recruiting Officer, and The Beaux’ Stratagem by George Farquhar' (Boston: D.C. Heath & Co., 1914), p. v. Strauss notes that "Our sole source of information as to the time of his birth is the entry of his matriculation in the register of Trinity College" on 17 July 1694, where "His age is given as 17." Earlier biographers took this to mean Farquhar was in his 17th year—hence born in 1678—and Strauss favors this date. But later writers, such as William Myers, ed., George Farquhar: The Recruiting Officer and Other Plays'' (Oxford: Oxford University Press, 1995), p. vii, give the dual year, and John Ross, ed., ''George Farquhar: The Recruiting Officer (New Mermaids),'' 2nd ed., (London: A&C Black, 1991), p. xiii, gives a birthdate of "''ca.'' 1677" for the playwright. – 29 April 1707) was an Irish dramatist. He is noted for his contributions to late R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Beaux' Stratagem
''The Beaux' Stratagem'' is a comedy by George Farquhar, first produced at the Theatre Royal, now the site of Her Majesty's Theatre, in the Haymarket, London, on March 8, 1707. In the play, Archer and Aimwell, two young gentlemen who have fallen on hard times, plan to travel through small towns, entrap young heiresses, steal their money and move on. In the first town, Lichfield, they set their sights on Dorinda. Aimwell falls truly in love, and comedy ensues. Foigard, a priest and chaplain to the French officer, is actually an Irish priest called MacShane (a sombre version of the stage-Irish stereotype). Characters *Archer, a beau, posing as servant to Aimwell *Aimwell, another beau *Count Bellair, a French count *Boniface, a Landlord of an inn *Cherry, his daughter *Lady Bountiful, country woman, specialises in herbal medicine *Dorinda, her daughter *A countrywoman *Squire Sullen, a country block-head, Lady Bountiful's son *Scrub, his servant *Mrs (Kate) Sullen, his unhappy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sure Bet
Betting arbitrage ("sure bets", sports arbitrage) is an example of arbitrage arising on betting markets due to either bookmakers' differing opinions on event outcomes or errors. When conditions allow, by placing one bet per each outcome with different betting companies, the bettor can make a profit regardless of the outcome. Mathematically, arbitrage occurs when there are a set of odds, which represent all mutually exclusive outcomes that cover all state space possibilities (i.e. all outcomes) of an event, whose implied probabilities add up to less than 1. In the bettors' slang an arbitrage is often referred to as an arb; people who take advantage of these arbitrage opportunities are called arbers. Background Arbitrage betting involves relatively large sums of money, given that 98% of arbitrage opportunities return less than 1.2%. The practice is usually detected quickly by bookmakers, who typically hold an unfavorable view of it, and in the past this could result in half of an a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Criminal
In ordinary language, a crime is an unlawful act punishable by a state or other authority. The term ''crime'' does not, in modern criminal law, have any simple and universally accepted definition,Farmer, Lindsay: "Crime, definitions of", in Cane and Conoghan (editors), '' The New Oxford Companion to Law'', Oxford University Press, 2008 (), p. 263Google Books). though statutory definitions have been provided for certain purposes. The most popular view is that crime is a category created by law; in other words, something is a crime if declared as such by the relevant and applicable law. One proposed definition is that a crime or offence (or criminal offence) is an act harmful not only to some individual but also to a community, society, or the state ("a public wrong"). Such acts are forbidden and punishable by law. The notion that acts such as murder, rape, and theft are to be prohibited exists worldwide. What precisely is a criminal offence is defined by the criminal law of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thieves' Cant
Thieves' cant (also known as thieves' argot, rogues' cant, or peddler's French) is a cant, cryptolect, or argot which was formerly used by thieves, beggars, and hustlers of various kinds in Great Britain and to a lesser extent in other English-speaking countries. It is now mostly obsolete and used in literature and fantasy role-playing, although individual terms continue to be used in the criminal subcultures of Britain and the United States. History It was claimed by Samuel Rid that thieves' cant was devised around 1530 "to the end that their cozenings, knaveries and villainies might not so easily be perceived and known", by Cock Lorel and the King of the Gypsies at The Devil's Arse, a cave in Derbyshire. It seems to have originated in this period, but the story is almost certainly a myth. Cant is a common feature of rogue literature of the Elizabethan period in England, in both pamphlets and Elizabethan theatre. Thomas Harman, a justice of the peace, included examp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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