Betekenis van:
severance agreement

severance agreement
Zelfstandig naamwoord
    • an agreement on the terms on which an employee will leave

    Hyperoniemen

    Hyponiemen


    Voorbeeldzinnen

    1. The State will never be held liable for severance payments that may be payable in the event of future layoffs resulting from the cessation of activities and/or the discontinuation of the agreement with AVR.
    2. The State cannot be liable for any future layoff costs in the event of the activities of AVR Nuts being terminated. The State will never be held liable for severance payments that may be payable in the event of future layoffs resulting from the cessation of activities and/or the discontinuation of the agreement with AVR.
    3. Reverse transaction: an operation whereby the central bank buys (reverse repo) or sells (repo) assets under a repurchase agreement or conducts credit operations against collateral. Securities held as an earmarked portfolio: earmarked investments held as counterpart funds consisting of securities, equity instruments, participating interests and/or investments in subsidiaries, matching an identifiable item on the liabilities side of the balance sheet, irrespective of whether there is a legal, statutory or other constraint e.g. pension funds, severance schemes, provisions, capital, reserves.
    4. A staff member whose contract is terminated as the result of an agreement between the staff member and the Centre, and who has served in the Centre for at least five years, may receive, by a decision of the Executive Board and on the basis of a report drawn up by the Director, a final and voluntary severance bonus in accordance with the internal rules adopted by the Executive Board on a proposal from the Director.
    5. Reverse transaction: an operation whereby the central bank buys (reverse repo) or sells (repo) assets under a repurchase agreement or conducts credit operations against collateral. Securities held as an earmarked portfolio: earmarked investments held as counterpart funds consisting of securities, equity instruments, participating interests and/or investments in subsidiaries, matching an identifiable item on the liabilities side of the balance sheet, irrespective of whether there is a legal, statutory or other constraint e.g. pension funds, severance schemes, provisions, capital, reserves. Settlement: an act that discharges obligations in respect of funds or assets transfers between two or more parties.
    6. Sometimes a repo transaction is agreed via a third party (triparty repo). Reverse transaction: an operation whereby the central bank buys (reverse repo) or sells (repo) assets under a repurchase agreement or conducts credit operations against collateral. Securities held as an earmarked portfolio: earmarked investments held as counterpart funds consisting of securities, equity instruments, participating interests and/or investments in subsidiaries, matching an identifiable item on the liabilities side of the balance sheet, irrespective of whether there is a legal, statutory or other constraint e.g. pension funds, severance schemes, provisions, capital, reserves. Settlement: an act that discharges obligations in respect of funds or assets transfers between two or more parties.
    7. Realised gains/losses: gains/losses arising out of the difference between the sale price of a balance sheet item and its adjusted cost. Reserves: an amount set aside out of distributable profits, which is not intended to meet any specific liability, contingency or expected diminution in value of assets known to exist at the balance sheet date. Revaluation accounts: balance sheet accounts for registration of the difference in the value of an asset or liability between the adjusted cost of its acquisition and its valuation at an end-of-period market price, when the latter is higher than the former in case of assets, and when the latter is lower than the former in case of liabilities. They include differences in both price quotation and/or market exchange rates. Reverse sale and repurchase agreement (reverse repo): a contract under which a cash holder agrees to the purchase of an asset and, simultaneously, agrees to re-sell the asset for an agreed price on demand, or after a stated time, or in the event of a particular contingency. Sometimes a repo transaction is agreed via a third party (triparty repo). Reverse transaction: an operation whereby the central bank buys (reverse repo) or sells (repo) assets under a repurchase agreement or conducts credit operations against collateral. Securities held as an earmarked portfolio: earmarked investments held as counterpart funds consisting of securities, equity instruments, participating interests and/or investments in subsidiaries, matching an identifiable item on the liabilities side of the balance sheet, irrespective of whether there is a legal, statutory or other constraint e.g. pension funds, severance schemes, provisions, capital, reserves. Settlement: an act that discharges obligations in respect of funds or assets transfers between two or more parties.