LEAVE-SHARING PLAN
A plan or structure that allows employees to share unused sick leave for the benefit of other employees who have maximized the allotted number of sick leave. This scheme is designed to aid employees who experience unexpected circumstances, major surgeries, medical emergencies or natural disasters. It varies from one employer to another.
A company must consider these factors in offering leave-sharing plan: To whom the employees are giving their sick leave and if the firm should limit the number of sick leave that can be donated.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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