Under the new legislation, workers will be able to carryover such accrued annual leave for a period of 15 months after the leave year in question. The new legislation is in response to Court of Justice of the European Union rulings on accrual of annual leave entitlements during sick leave.
DEFINITION of 'Prospectus'. A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details about an investment offering for sale to the public. A prospectus should contain the facts that an investor needs to make an informed investment decision. Also known as an offer document..
Show more usage examples... The task of conducting the audit was necessary as the company had been dealing with many processes that required stringent bookkeeping. 5 people found this helpful. I was called the audit man and put in charge of something I didn't know a lot about, but was excited to try out.how more usage examples... The task of conducting the audit was necessary as the company had been dealing with many processes that required stringent bookkeeping. 5 people found this helpful. I was called the audit man and put in charge of something I didn't know a lot about, but was excited to try out.