Glossary words 41 - 50 Flashcards
Foreign, Commonwealth & Development Office
FCDO
Returning something or someone back to its home country
Repatriation
The process of setting a dispute between a customer and organisation through a third party, such as an industry regulator e.g. ABTA
Arbitration
When employees work directly with the customer
Direct employment
Jobs created to supply and support the travel industry, such as food suppliers to providing for hotels
Indirect employment
Gross Domestic Product
GDP
This is known as the effect which in its simplest form is how many times money spent by a tourist circulates through a country’s economy
Multiplier effect
All the money spent on a holidays surprising little remains in the country you visit
Leakage
A gift of money or property given away by the owner after their death
Legacy
Relating to the sense of touch
Haptic