Gaois

A collection of legal and legislative terms in Irish extracted from the European Union’s multilingual terminology database. More information »

BUSINESS AND COMPETITION|accounting
oibleagáidí sochair fostaithe a shocrú Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
ga
settlement of employee benefit obligations | settlement
en
Definition A transaction that eliminates all further legal or constructive obligation for part or all of the benefits provided under a defined benefit plan, for example, when a lump-sum cash payment is made to, or on behalf of, plan participants in exchange for their rights to receive specified post-employment benefits. Reference IASCF, Key term list