Back to Top. Salary exchange (also referred to as salary sacrifice), is where someone gives up part of their salary in return for a non-cash benefit, often a pension contribution.alary Exchange Calculator. Salary exchange (also referred to as salary sacrifice), is where someone gives up part of their salary in return for a non-cash benefit, often a pension contribution.
Coming from the Latin adversus meaning turned against, adverse is an adjective describing a factor that seems to work against or actively harm something. Think of the related word, adversary, which means enemy or opponent, so that if something is adverse, it acts as if it were the enemy.
Adverse Action. DEFINITION of 'Adverse Action'. An action that denies an individual or business credit, employment, insurance or other benefits. An adverse action is generally taken by a business or government based on a criminal past or information found in credit reports. Next Up.