0 a small wild animal of the cat family that looks similar to a pet cat and that lives mainly in areas with forests and mountains
1 used to refer to a search for oil in a new area without knowing if any will be found, or if a profit can be made from it:
2 a supply of oil discovered in a new area:
The energy giant is experiencing difficulties with its wildcats off the Venezuelan coast.
For example, though it might be illegal for a worker to wildcat-strike, it is still possible that wildcat strikes will occur.
That is, a laborer might have the power to alienate his or her own labor, to work for another, to bargain collectively, and to wildcat-strike.
The agreement stipulated that the union would enforce the agreement and police wildcat strikes.
Thus, a worker might have the power to wildcat-strike though he or she does not have the right.
Both spoke a similar language of preventing workers from launching wildcat strikes and requiring them to resort to strike action only after exhausting all amicable ways of reaching a compromise.
They give full encouragement to wildcat strikes in breach of contract.
This is a "wildcat" strike, not on behalf of the employees, but on behalf of the employers.
We cannot ignore the situations created by wildcat strikes, and whenever we are acting in this field we should keep this principle in mind.