E
early retirement scheme (J2, J6)
A modern proposal to reduce unemployment, or make space in a firm for younger workers, by lowering, or making more flexible, the statutory retiring age. The principal aim of these schemes, to redistribute jobs from older to younger workers, can be frustrated if the rising productivity of the firm’s labour force reduces its total demand for labour.
See also: retirement
earmarked gold (E5)
Gold held at US FEDERAL RESERVE BANKS for foreign and international accounts; it is not part of the US gold stock.
earmarking (H5)
The allocation of public revenue exclusively to the execution of a particular function of government, e.g. using the proceeds of television licences in the UK to finance the British Broadcasting ...
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