NAF employment is considered federal employment. It is, however, different from federal civil service employment because the monies used to pay the salaries of NAF employees come from a different source. Civil service positions are paid for by money appropriated by Congress.
The genesis of the CBO (collateralized bond obligation) and CLO (collateralized. loan obligation) market occurred in the late 1980s with the repackaging of high-yield, speculative-grade bonds or loans into highly rated paper.
Professional Employer Organization definition. Professional employer organisations (PEO) are entities that provide employee management services, such as payroll processing, benefits management and recruitment, to businesses. Legally speaking, they hire the employees directly in a process called co-employment or joint employment.