ENCOM

A company that specializes in software, and took over the world in 1982, but you never heard of it.

Hey, you know that company ENCOM? Yeah, me neither.

by Human Zero January 4, 2012

economic democracy

A socioeconomic philosophy that seeks to equalize decision-making power by giving ownership of businesses to the workers that run them. Allegedly, this will even out the distribution of wealth by shifting power from the minority (corporations) and put it in the hands of the majority (the people). Society will then democratically be able to choose the level of resources allocated to businesses.

Here is a link to an informative article explaining economic democracy in more depth, check it out!
www.luc.edu/faculty/dschwei/economicdemocracy.pdf

by peacetothepeople May 17, 2016

economic profit

The concept of settling down with a girl over the winter months in order to save money and avoid going out on those cold nights.

"So mate, have you found yourself any economic profit yet?"

by doing the dishes May 25, 2016

economic incest

Screwing a family member on a business transaction.

He paid his sister so much below market value for that property that it was economic incest.

by ThorMonster March 29, 2016

Hummus Economy

The hummus economy cynically refers to the economic situation in Lebanon, the country where hummus originated.

The hummus economy consists of the successive poor leadership that took Lebanon to an unparalleled economic recession that surged between 2019 and 2020. It has resulted from corruption and incompetence in the absence of the rule of law.

The expression insinuates amateurship in managing Lebanon where leaders have been historically busy by shallow matters distracting the Lebanese from what matters when it comes to inclusive and sustainable growth.

Q: What economic model fits Lebanon in recent years?
A: The economy in Lebanon is intricate and peculiar: one could call it the hummus economy.

El Hokayem, J., and Abou Jaoude, J. (2020), Leading by misleading in the hummus economy, Annahar.

by JHRLY October 26, 2020

Encanto

The best movie ever. But don't watch it 34 times in 3 days..COUGH...cough

I just watched Encanto! Camilo is my favorite! Delores is cool too!

by Jex69 ;) January 9, 2022

Econometrics

Economics with shit load of linear algebra , if you are at college avoid it at all costs.

Man, she majored in Econometrics. She must be a really clever bitch

by George February 20, 2004