Chiefly British: crackers. Law: non compos mentis. Idioms: around the bend, crazy as a loon, mad as a hatter, not all there, nutty as a fruitcake, off one's head, off one's rocker, of unsound mind, out of one's mind, sick in the head, stark raving mad. 2. Informal.
Related Articles. Ethical people are those who recognize the difference between right and wrong and consistently strive to set an example of good conduct. In a business setting, being ethical means applying principles of honesty and fairness to relationships with coworkers and customers. Ethical individuals make an effort to treat everyone with whom they come in contact as they would want to be treated themselves.
DEFINITION of 'Business Ethics'. The study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities.usiness ethics are implemented in order to ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses.