Independent Contractor at Legal Glossary

What is it? A legal category of worker defined by the Internal Revenue Service. The key to the definition is that, unlike employees, independent contractors retain control over how the work they are hired to do gets done; the person or company paying the independent contractor controls only the outcome--the product or service.

Law Definition Added By: Jonathan

Send To Friends!

If you'd like to send the Independent Contractor definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Independent Contractor. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Legal Terms:

Law Terms Pension Benefit Guaranty Corporation (PBGC) is A public, nonprofit insurance fund that provides some limited coverage against bankrupt pension funds. Should a pension fund be unable to pay all its obligations to its retirees, the PBGC may pay some of the pension funds unfulfilled obligations. The PBGC covers only defined benefit retirement plans and only vested benefits.

Law Terms health benefits is Benefits paid under health insurance plans, such as Blue Cross/Blue Shield, to cover the costs of healthcare.

Law Terms subpena is The modern spelling of subpoena. A subpena is a court order issued at the request of a party requiring a witness to appear in court.

Law Terms noncompete is See noncompetition agreement.

Law Terms springing durable power of attorney is A durable power of attorney that takes effect only when and if the principal becomes incapacitated.