Employment & Labor Law
Bankruptcy trustee
The trustee is appointed by the court in a bankruptcy to manage the operations entrusted to them, under the control of the procedure.
Lexicon
Employment & Labor Law
Minimum Social Wage (MSW)
The minimum social wage is the legal minimum remuneration applicable under the conditions provided by Luxembourg law. Its amount varies notably according to age and recognized qualification, and evolves with legal adjustments and indexation.
It also serves as a reference for certain social thresholds and ceilings. In this case, it is necessary to identify the base expressly referred to by the text and the date of calculation. The minimum wage and the ceiling of a payment guarantee do not answer the same question.
Official Source
[ TO GO FURTHER ]
Other Associated Definitions
Explore Complementary Concepts
Litigation & Advisory
Forfeiture
Forfeiture can prevent the exercise of a right after a deadline. Received act, starting point, and required step must be identified.