"Diploma mill"

A "diploma mill" awards academic degrees with little or no academic study and without recognition by official accrediting bodies. Compared to legitimate schools, diploma mills have reduced or nonexistent requirements for academic coursework. Diploma mill degrees are usually used to obtain fraudulent academic credentials for use in securing or advancing employment.
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401(k), 403(b), 401(a), and 457

Congress added section 401(k)to the Internal Revenue Code in 1978. A 401(k) allows a worker to save for retirement while deferring income taxes on earnings until withdrawal. Other tax deferred retirement plans include the 403(b) for workers in educational institutions, churches, public hospitals and non-profit organizations, and the 401(a) and 457 plans, for employees of state and local governments.
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Distance learning

Distance learning is a way to earn a degree or learn new skills remotely, often by mail or by Internet. The process is every bit as rigorous as physically attending a university, and the education is just as rewarding. Many accredited universities offer distance learning opportunities for professionals to enhance their educational background.
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Matrix organization

A matrix organization is an organizational structure where employees report to more then one manager or supervisor. One manager represents a functional area of the organization while the other manager(s) represent a project within the organization. Matrix structures allow members to share information more readily and it allows employees to develop increased specialization.
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ESOP

An Employee Stock Ownership Plan is a defined-contribution retirement plan where a company makes tax deferred purchases of its stock on behalf of its employees. The benefits for the company include increased cash flow, tax savings and increased productivity from motivated workers. Employees benefit by shareing in the company's success. ESOPs are also referred to as stock purchase plans.
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Preferred Provider Organization

A Preferred Provider Organization is a health care network composed of physicians, hospitals, or other providers, which provides health care services at a reduced fee. A PPO is similar to an HMO, except that care is paid for as it is received instead of in advance in the form of a scheduled fee. Visits within the network usually require a small fee or co-payment.
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National Bike

National Bike-to-Work Week and National Bike-to-Work Day are both held during the month of May. These workplace events are designed to get drivers to try commuting by bicycle, for better health, money savings, and a cleaner environment. Unlike most countries, the vast majority of bikes sold in the U.S. are used for recreation rather than transportation.
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