Business / Human Resources (HR) / Layoff: A temporary termination of employees, or the elimination of jobs, during periods of economic downturn or organizational restructuring.

Playoff Beard

Entertainment / Ice Hockey / Playoff Beard: A playoff beard is the superstitious practice of a national hockey league (nhl) player not shaving his beard during the stanley cup playoffs. MORE

Voluntary Leave-Layoff

Business / Human Resources (HR) / Voluntary Leave-Layoff: Leave without pay that is taken on a voluntary basis by employees for specified duration. Often used as an alternative to layoff. MORE

Disciplinary Layoff

Business / Human Resources (HR) / Disciplinary Layoff: A disciplinary measure in which employees are suspended without pay for a specified period of time due to violations of a company work rule or policy. MORE


Entertainment / Football / Playoffs: The post-season tournament that determines the NFL champion. MORE

Turnover Rate

Business / Human Resources (HR) / Turnover Rate: The number of separations during a month, including both voluntary and involuntary terminations (excluding layoffs). The turnover rate is calculated by taking the number of separations during a month MORE


Entertainment / Basketball / Overtime: The extra period(s) played after a regulation game ends tied; also called OT. MORE