TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CASH OUT [2 records]

Record 1 1997-11-28

English

Subject field(s)
  • Remuneration (Personnel Management)
  • Labour Relations
DEF

Lump sum payment equivalent to the unexpired portion of the surplus period.

CONT

The cash out provision for downsizing has been meeting quite a bit of success ....

OBS

The term "buyout" is frequently used particularly in the newspaper industry.

Key term(s)
  • buy out

French

Domaine(s)
  • Rémunération (Gestion du personnel)
  • Relations du travail
DEF

Rémunération accordée en remplacement de la partie non expirée de la période de priorité d'excédentaire.

OBS

«Cash out». Programme de maintien de l'emploi. Somme équivalent à 6 mois de salaire versée aux employés déclarés excédentaires qui «choisissent» de démissionner plutôt que d'attendre une éventuelle réaffectation.

OBS

«Indemnité pour départ volontaire» : employé dans la Directive sur le réaménagement des effectifs (1992).

Key term(s)
  • montant forfaitaire
  • paiement aux employés
  • paiement en espèces

Spanish

Save record 1

Record 2 1990-05-29

English

Subject field(s)
  • Employment Benefits
  • Social Security and Employment Insurance
CONT

Will the new flexibility apply to RRSP deposits transferred from Registered Pension Plans? Going further, will RPPs themselves be made "more flexible" by permitting the benefits to be taken as and when the retired employee wishes? Will he be allowed to cash out his entire pension entitlement?

French

Domaine(s)
  • Avantages sociaux
  • Sécurité sociale et assurance-emploi

Spanish

Save record 2

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