Compensatory Time-Off Plan

Business / Human Resources (HR) / Compensatory Time-Off Plan: The practice of giving employees paid time off that can be used in the future in lieu of paying them overtime for hours worked in excess of 40 per week. While an acceptable practice in the public sector, the FLSA places very strict limitations on the use of compensatory time off for private sector employers.

Other Words for Compensatory

Compensatory Verb Synonyms: compensative, remunerative, restitutive or restitutory, expiatory, reparative or reparatory, piacular
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Other Words for Plan

Plan Noun Synonyms: design, layout, blueprint, scheme, method, procedure, system, arrangement, programme, project, formula, pattern, script, scenario
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Planned Financing Program

Business / Finance / Planned Financing Program: Budgeted or projected ways need for reasons or to obtain short-term and long-term financing as outlined in the corporate financial plan. MORE

Planned Capital Expenditure Program

Business / Finance / Planned Capital Expenditure Program: Budgeted or projected outlays for major expenditures on permanent or fixed assets as outlined in the corporate financial plan. MORE

Planned Amortization Class (PAC)

Business / Finance / Planned Amortization Class (PAC): (1) The class of CMO that has the most stable cash flows and the lowest prepayment risk of any class of CMO Because of a stable cash flow, it is considered the least risky CMO (2) A CMO bond class tha MORE

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