(UK, Canada) the body of statute law that regulates the relationship between employer, employee, labour union and government.

Alternative form of the law is an ass

The law, as created by legislators or as administered by the justice system, cannot be relied upon to be sensible or fair.

(economics) An empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every 1% increase in the unemployment rate, a country's GDP will be roughly an additional 2% lower than its potential GDP. The "difference version" describes the relationship between quarterly changes in unemployment and quarterly changes in real GDP.

plural of law-breaker (alternative form of lawbreakers).

Alternative spelling of lawbreaker

plural of sharia law

Alternative spelling of sibling-in-law

(law) A mere semblance of legal right; a means to do something with the apparent authority of law but actually in contravention of law.

An economic principle stating that, when a government overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation; or "bad money drives out good".