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Other postemployment benefits (or OPEBs) is a term used in the United States to describe the benefits that an employee begins to receive at the start of their retirement. These benefits do not include the pension paid to the retired employee. [1] ". Other postemployment benefits" were originally intended to be an important source of ...
Finance. In financial transactions, a warrant is a written order by one person that instructs or authorises another person to pay a specified recipient a specific amount of money or supply goods at a specific date. [1] A warrant may or may not be negotiable and may be a bearer instrument that authorises payment to the warrant holder on demand ...
The payroll vote is a term in the British parliamentary system for Members of Parliament who concurrently hold Government positions. It includes ministers and Parliamentary Private Secretaries. Even though the last are unpaid, they are widely regarded as being on the "first rung of the ministerial ladder". [1] [2] There is a commonly-observed ...
Stub network. A stub network, or pocket network, is a somewhat casual term describing a computer network, or part of an internetwork, with no knowledge of other networks, that will typically send much or all of its non-local traffic out via a single path, with the network aware only of a default route to non-local destinations.
Stipend. A stipend is a regular fixed sum of money paid for services or to defray expenses, such as for scholarship, internship, or apprenticeship. [1] It is often distinct from an income or a salary because it does not necessarily represent payment for work performed; instead it represents a payment that enables somebody to be exempt partly or ...
In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.