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In-House |
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In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. Although a listed trade must be taken to the floor of the stock exchange, matching supply with demand within the confines of the firm results in higher commissions for the firm. In-House 1. The business practice of implementing a certain project, sometimes outside a company's specific expertise, using the company's own staff and resources. 2. In hiring practices, referring to the promotion of a company worker to a higher position rather than finding someone outside the company to fill the vacancy. See also: Outsourcing. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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In-house lawyers are increasingly asking the law firms they hire to submit estimated budgets so they can reduce the costs of legal work, particularly when defending themselves against lawsuits. Our in-house tool-making strategy is to take on the molds that would be too risky or expensive for outside shops," says Gerard. The reward for OEMs would be the capability to develop unique high-tech systems in-house that could enhance brand image and provide an edge in the marketplace. |
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