Employee benefits

Employee benefits

All forms of consideration given by an entity in exchange for service rendered by employees.

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Part of Speech: noun
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Industry/Domain: Financial services
Category: Accountancy
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employee benefits

Financial services; Accountancy

All forms of consideration given by an entity in exchange for service rendered by employees.

employee benefits

Automotive; Automobile

The provision of direct (salary, bonuses, etc.) indirect (vacation leave, medical and dental plans, etc.) and deferred employee compensation (pensions, etc.).

employee benefits

Accounting; General accounting

In general, indirect and non-cash compensation paid to an employee. Some benefits are mandated by law (such as social security, unemployment compensation, and workers ...

employee benefits

Health care; Insurance; Managed care; Health insurance

Expenses incurred for vacation pay, sick leave pay, holiday pay, Federal Insurance Contributions Act (FICA), state unemployment insurance, federal unemployment insurance, workers’ ...

settlement (of employee benefit obligations)

Financial services; Accountancy

A transaction that eliminates all further legal or constructive obligation for part or all of the benefits provided under a defined benefit plan, for example, when a lump-sum cash ...

short-term employee benefits

Financial services; Accountancy

Employee benefits (other than termination benefits) which fall due wholly within twelve months after the end of the period in which the employees render the related service.

accural accouting

Financial services; Accountancy

The attempt to record the financial effects of transactions and other events in the periods in which those transactions or events occur rather than only in the periods in which ...

cafeteria plan

Financial services; Accountancy

A benefit plan maintained by an employer for the benefit of the employees under which each participant has the opportunity to select the benefits they desire.

capital flows

Financial services; Accountancy

The movement of money for the purpose of investment, trade or business production. Capital flows occur within corporations in the form of investment capital and capital spending ...

overbought

Financial services; Accountancy

A situation in which the demand for a certain asset unjustifiably pushes the price of an underlying asset to levels that do not support the fundamentals.

Bitcoin

Financial services; Accountancy

A decentralized digital currency that enables low-cost payments without the need for central authorities and issuers. Bitcoin is a peer-to-peer (P2P) currency system created in ...

techinical correction

Financial services; Accountancy

A decrease in the market price of an asset or entire market after extensive price increases. A technical correction occurs even when there is no evidence that the increasing price ...

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