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<strong>IRS offset</strong> – The withholding of a borrower' s federal Treasury payments, such as federal tax refunds. Also known as “Treasury offset.”
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demarcation (J2, J5)<br />Reserving work activities for a particular occupation. Thus, for example, in an engineering plant where there is demarcation, tasks will be assigned separately to mechanical, electrical and electronics engineers. CRAFT UNIONs, anxious to protect the work available for their members, have been keen to follow this practice, especially in the UK. The inflexibility in the use of labour brought about by this practice has lowered productivity and increased labour costs.<br /><em>See also:</em> job control unionism
common property resources (QO)<br />Land or other natural resources which are not owned by an individual because no property rights have been defined or a
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