payment of compensation
61employee compensation — ➔ compensation * * * employee compensation UK US noun [U] (US ► HR the total cost of an employee or employees, including what they are paid and the cost of any benefits in addition to their pay: »The overall increase in employee compensation… …
62workers' compensation — Rights that are found in various Workers Compensation Acts, state statutes that establish the liability of employers for injuries to workers that are sustained on the job or illnesses that result from their employment, and that require… …
63interim payment — ➔ payment * * * interim payment UK US noun [C] ► an amount of money that is paid before the total amount of money owed is decided: »Workers injured in the fire have not received any compensation other than the interim payments of £10,000 each… …
64Worker's compensation Germany — BackgroundThe German worker s compensation law of 6 July 1884 has been the first of its kind in the world. The Sickness Insurance law paid indemnity to all private wage earners and apprentices, including those who work in the agricultural and… …
65lump-sum payment — A single payment in contrast to installments; e.g. single premium payment for life insurance; a single lump sum divorce settlement; or single worker s compensation payment in lieu of future monthly installment payments. See also alimony …
66lump-sum payment — A single payment in contrast to installments; e.g. single premium payment for life insurance; a single lump sum divorce settlement; or single worker s compensation payment in lieu of future monthly installment payments. See also alimony …
67workmen's compensation — A general and comprehensive term applied to and embracing those laws providing for compensation for loss resulting from the injury, disablement, or death of workmen through industrial accident, casualty, or disease such laws possessing the common …
68transfer payment — noun Date: circa 1945 1. a public expenditure made for a purpose (as unemployment compensation) other than procuring goods or services usually used in plural 2. plural money (as welfare payments) that is received by individuals and that is… …
69Stock based compensation — Stock Based Compensation, also known as share based payment, is remuneration offered to an employee by way of an option to purchase shares in the employing company at a discounted rate at a future point in time. This is a common method used by… …
70unemployment compensation — n. payment, as by a state government from social security funds, of a certain amount of money to a qualified unemployed person, usually at regular intervals and over a fixed period of time * * * …
