economic realities test

noun

economic re·​al·​i·​ties test
: a judicial method of determining the nature of a business transaction or situation
especially : a test used by courts for the purpose of determining if a person is an employee by considering such things as the extent of the alleged employer's ability to control, hire, fire, and discipline the person, the nature of the person's duties, and the payment of wages

Dictionary Entries Near economic realities test

Cite this Entry

“Economic realities test.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/economic%20realities%20test. Accessed 21 Dec. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!