redundancy money meaning
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0 100%FREQUENCYRarely used24 /100 Definition of redundancy money in the English dictionary The definition of redundancy money in the dictionary is a sum of money given by an employer to an employee who has been made redundant: usually calculated on the basis of the employee's rate of pay and length of service.
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redundancy 1. Provision or existence of more than one means or resources to perform an activity or function. 2. Repetition of parts or subsystems (or whole systems) to provide a backup in case of primary-system failure.
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Official cash rate The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank of New Zealand to meet the inflation target specified in the Policy Targets Agreement. The current agreement, signed in December 2008, defines price stability as annual increases in the Consumers Price Index (CPI) of between 1 and 3 per cent on average over the medium term.
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DEFINITION of 'Tight Money' DEFINITION of 'Tight Money'. A situation in which money or loans are very difficult to obtain in a given country. If you do have the opportunity to secure a loan, then interest rates are usually extremely high. Also known as dear money.
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black moneynoun  [ U] black money meaning, definition, what is black money: money that is earned illegally, or on which the necessary tax is not paid. Learn more.
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- The highest individual redundancy payment was pounds 949,000, followed by pounds 600,000 and pounds 435,000. BBC pays out pounds 277m Those who lose their jobs are entitled to a statutory redundancy payment, provided they have worked with their employer for two years.
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easy-money policy easy-money policy in Culture Expand easy-money policy definition A policy by which a central monetary authority, such as the Federal Reserve System, seeks to make money plentiful and available at low interest rates. (Compare tight-money policy.)
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N+1 redundancy N+1 redundancy is a form of resilience that ensures system availability in the event of component failure.+1 redundancy or 3+1 redundancy is common on power systems for blade servers where a relatively small number of highly rated PSUs efficiently power a greater number of blades.
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- Readies (Nelson Eddy's) Pound note [Thanks to Julia Jones - Colin Craig adds the following: Actually I believe reddies refers to 50 notes which are of course red. This term can be used to describe any amount of money. And Mark adds: A traditional term for cash is ready money a term still used on Smithfield market. I would suggest that this is where the term reddies comes from.
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- (Brit Ind) → Arbeitslosigkeit f; redundancies → Entlassungen pl; the recession caused a lot of redundancy or many redundancies → der Konjunkturrueckgang konjunkturrückgang brachte Viel arbeitslosigkeit mit; sich he feared → redundancy er Hatte, angst Seinen arbeitsplatz zu. verlieren
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- Definition of redundancy for English Language Learners. : 1  the act of using a word, phrase, etc., that repeats something else and is therefore unnecessary. : 2  a word, phrase, etc., that repeats something else and is therefore unnecessary : a redundant word, phrase, etc.
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overabundance overabundance - a quantity that is more than what is appropriate; four-year-olds have an overabundance of energy; we received an inundation of email overmuch, overmuchness, superabundance abundance, copiousness, teemingness - the property of a more than adequate quantity or supply; an age of abundance
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dominant allele recessive. allele, allelomorph - (genetics) either of a pair (or series) of alternative forms of a gene that can occupy the same locus on a particular chromosome and that control the same character; some alleles are dominant over others.
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What Is a Contingency Fund? A contingency fund is cash or other assets reserved to address unforeseen circumstances or losses in a business.The role of the contingency fund is to improve a company's financial stability by developing a safety net that the firm can use to fill emergency needs.It can also be used to reduce the need to take out high-interest loans, such as credit cards, to cover unexpected expenses.he role of the contingency fund is to improve a company's financial stability by developing a safety net that the firm can use to fill emergency needs. It can also be used to reduce the need to take out high-interest loans, such as credit cards, to cover unexpected expenses.
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- 1 Employees may be entitled to a statutory redundancy payment and notice. 2  Redundancies can happen when employees are dismissed because their job no longer exists, for example when: 3  new technology makes a job unnecessary. 4  an employer needs to cut costs and reduce the number of staff. Employees have the right not to be unfairly selected for redundancy. 2  Employees may be entitled to a statutory redundancy payment and notice. 3  Redundancies can happen when employees are dismissed because their job no longer exists, for example when: 4  new technology makes a job unnecessary.
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- More examples. 1  I ​ live in ​ dread of redundancy. 2  There's a lot of redundancy in the ​ area. 3  He was so ​ fed up at ​ work that redundancy was ​ starting to ​ look ​ quiet ​ appealing. 4  Some ​ people would ​ opt for redundancy ​ rather than redeployment.
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What are 'Federal Funds' Federal Funds. What are 'Federal Funds'. Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions deposit at regional Federal Reserve banks; these funds can be lent, then, to other market participants with insufficient cash on hand to meet their lending and reserve needs.
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Redundancy Help If redundancy's foreseeable when you start a policy, then it may not pay out if you are made redundant For example, if there's been an announcement in the firm that some jobs are going or it's been rumoured strongly, then it's possible this will disqualify you from claiming, meaning a policy is a waste of money.
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- Any redundancy is recognised as a dismissal in law and an employee has a number of statutory rights as a consequence, one of which is the right to be considered for suitable alternative employment.he purpose of this document is to inform Schools/Departments of the procedures which should be followed when advertising a vacancy and with regard to managing employees who are at risk from redundancy both in terms of the redeployment process and how to proceed with the redundancy.
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Redundancy Help If you've doubts about the way your employer may have calculated your statutory redundancy pay call the Redundancy Payments Helpline on 0330 331 0020. Your legal rights The legal rules surrounding redundancy are complex, and this is a MoneySaving not an employment site, but in general terms the following should take place:
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Black money Black money is major problem in developing countries and black money is the root cause of terrorism. So it is a problem that has to be handled by every country in the world. Black money is the accumulation of currency over a long period of time. Because currency has not changed for so long, it got accumulated with many people. Though currency gets changed once in a while, the old currency is also valid. It gives enough time for black money to get converted to new currency.
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What is 'Paper Money' What is 'Paper Money'. A country's official, paper currency that is circulated for transaction-related purposes. The printing of paper money is typically regulated by a country's central bank/treasury in order to keep the flow of money in line with monetary policy. Paper money tends to be updated with new versions that contain security features that seek to make it more difficult for counterfeiters to create illegal copies.
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Cyclic redundancy check A cyclic redundancy check (CRC) is an error-detecting code commonly used in digital networks and storage devices to detect accidental changes to raw data. Blocks of data entering these systems get a short check value attached, based on the remainder of a polynomial division of their contents.
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Federal funds rate Reserve balances are amounts held at the Federal Reserve to maintain depository institutions' reserve requirements. Institutions with surplus balances in their accounts lend those balances to institutions in need of larger balances. The federal funds rate is an important benchmark in financial markets. The interest rate that the borrowing bank pays to the lending bank to borrow the funds is negotiated between the two banks, and the weighted average of this rate across all such transactions is the federal funds effective rate.
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restocking feenoun  [ C] restocking feenoun [ C ] uk ​ us ​. › COMMERCE an amount of money charged by a company or store for accepting returned goods and giving the customer their money back: Their return policy is that refunds are given within 14 days - but they charge a 10% restocking fee. (Definition of “restocking fee” from the Cambridge Business English Dictionary © Cambridge University Press)
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Redundancy pay calculator Redundancy pay calculator. Use this redundancy pay calculator and planner to take control of your situation – whether you have recently been made redundant or if you think there’s a chance your redundancy may be on the horizon.edundancy pay calculator. Use this redundancy pay calculator and planner to take control of your situation – whether you have recently been made redundant or if you think there’s a chance your redundancy may be on the horizon.