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employee financial loss

 

Definitions from the Web

Term: Employee Financial Loss

Definition: Employee Financial Loss refers to the monetary disadvantage experienced by an individual who works for an organization, resulting from various factors such as theft, fraud, embezzlement, or economic downturns.

Sense 1: noun, general usage

Example Sentence: The company provided compensation to the employees affected by the massive data breach, covering their employee financial loss.

Sense 2: noun, legal usage

Example Sentence: In personal injury cases, victims may seek damages for their medical expenses, pain, suffering, and employee financial loss resulting from the incident.

Sense 3: noun, insurance usage

Example Sentence: Employee financial loss due to the accidental damage of office equipment can be covered under the company's property insurance policy.

Sense 4: noun, economic usage

Example Sentence: In times of economic crisis, many companies experience layoffs, resulting in employee financial loss across the industry.

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