A term used by lenders to describe potential borrowers' working arrangements. Self-employed applicants are sometimes seen as a greater risk than employees. Many specialist lenders and mortgages have emerged in recent years designed specially for different types of employment status.
Found on
http://www.encyclo.co.uk/local/20452
The notion of status applies only to the labour force with a job. For all the active people with a job, it makes it possible to make a systematic distinction between the self-employed and employees and, within the latter, those working in the private, pubic or semi-public sectors respectively. Employees : - employees in the private sector ; - emp...
Found on
http://www.encyclo.co.uk/local/21732
No exact match found.
