termination pay
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Termination of employment — is the end of an employee s duration with an employer. Depending on the case, the decision may be made by the employee, the employer, or mutually agreed upon by both.Voluntary terminationVoluntary termination is a decision made by the employee to … Wikipedia
termination — I noun abatement, adjournment, cancellation, climax, close, completion, conclusion, confine, consequence, consummation, culmination, denouement, destination, discharge, discontinuance, effect, end, ending, end of the matter, end result, epilogue … Law dictionary
termination charge — ➔ charge1 * * * termination charge UK US noun [C] ► COMMUNICATIONS an amount of money that must be paid to call a mobile phone from a phone on the system of a different mobile phone company: »Callers to mobiles have no choice but to pay the high… … Financial and business terms
Termination Clause — A section of a swap contract that describes what will happen if the contract is ended early or defaulted on. The termination clause can make the counterparty who is responsible for the default or termination event pay damages to the other… … Investment dictionary
Termination Event — An occurrence that will cause all or part of a swap agreement to be ended early. Possible termination events include legal or regulatory changes that prevent one or both parties from fulfilling the contract terms ( illegality ), the placement of… … Investment dictionary
termination — The action taken by a secured party to end or give up its interest in collateral. For personal property collateral, a termination may be entered into the public record by using a standard form called a UCC 3. American Banker Glossary * * *… … Financial and business terms
severance pay — also separation pay Payment by an employer to employee beyond his wages on termination of his employment. Such pay represents a form of compensation for the termination of the employment relation, for reasons other than the displaced employee s… … Black's law dictionary
separation pay — also severance pay Payment by an employer to employee beyond his wages on termination of his employment. Such pay represents a form of compensation for the termination of the employment relation, for reasons other than the displaced employee s… … Black's law dictionary
Equal pay for women — is an issue regarding pay inequality between men and women. It is often introduced into domestic politics in many first world countries as an economic problem that needs governmental intervention via regulation. The Equal Remuneration Convention… … Wikipedia
constructive termination — USA constructive discharge, Also known as a constructive termination. Employee resignation due to working conditions so intolerable that a reasonable person in the employee s position would have felt compelled to resign. Constructive discharge is … Law dictionary
Severance Pay — The compensation that an employer provides to an employee who has been laid off, whose job has been eliminated, who through mutual agreement has decided to leave the company, or who has parted ways with the company for other reasons. Typically,… … Investment dictionary