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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Accelerated Amortization
It is an extra payment that is made toward a mortgage principal. By using accelerated amortization, the loan borrower can pay additional payment to ...
SFC
Securities And Futures Commission (SFC) is a regulatory body created by the Securities and Futures Commission (SFCO) for Hong Kong that regulates a ...
Raider
A raider is a person that attempts to take over a company through making a hostile takeover bid. Raiders target companies with undervalued assets a ...
Net Sales
It refers to the gross revenues minus returns and discounts of a company. It is the amount presented in an income statement under sales revenue.
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