Full-Time Equivalent (FTE)

Business / Human Resources (HR) / Full-Time Equivalent (FTE): A value assigned to signify the number of full-time employees that could have been employed if the reported number of hours worked by part-time employees had been worked by full-time employees instead.

Other Words for Equivalent

Equivalent Noun Synonyms: match, equal, peer, counterpart, twin
Equivalent Adjective Synonyms: tantamount, commensurate, alike, similar, close, comparable, corresponding, interchangeable, equal, synonymous, of a piece or a kind
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Equivalent Focal Length

Entertainment / Photography / Equivalent Focal Length: Distance in a lens between the front nodal point and the focal plane when the lens is set to focus a subject at infinity. In a telephoto lens the equivalent focal length is shorter than the back focus MORE

Equivalent Loan

Business / Finance / Equivalent Loan: Annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities. MORE

Equivalent Position

Business / Human Resources (HR) / Equivalent Position: According to section 825.215 of the FMLA regulations, an equivalent position is one that is virtually identical to the employee's former position in terms of pay, benefits and working conditions, incl MORE

Equivalent Bond Yield

Business / Finance / Equivalent Bond Yield: The cost per year of owning an asset over its entire life. MORE

Equivalent Annual Cost

Business / Finance / Equivalent Annual Cost: Annuity with the same net present value as the company's proposed investment. MORE

Equivalent Annual Benefit

Business / Finance / Equivalent Annual Benefit: The amount per year for some number of years that has a present value equal to a given amount. MORE

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