Define: Terminal Leave
Terminal Leave means the allocated leave just before an employee's retirement or cessation of services.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Terminal Leave means the allocated leave just before an employee's retirement or cessation of services.
Relevant Circumstances
- Staff downsizing or restructuring
- Retirement of staff members
- Transitioning staff member roles