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Definitions from the WebTerm: FSA Part of Speech: Noun, Acronym 1. Definition: The acronym FSA stands for either the Free Shipping Agreement or the Flexible Spending Account. Sense 1 (Free Shipping Agreement): The Free Shipping Agreement (FSA) refers to an agreement where a business offers free shipping services to their customers, usually subject to specific terms and conditions. Sample Sentence: - Take advantage of the FSA and enjoy free shipping on all orders above $50. Sense 2 (Flexible Spending Account): A Flexible Spending Account (FSA) is an employer-sponsored financial account that allows employees to set aside a portion of their earnings, tax-free, to pay for qualified medical expenses or dependent care costs. Sample Sentence: - It is highly beneficial to enroll in an FSA to manage your healthcare expenses efficiently. Usages: - Free Shipping Agreement: Local businesses often implement an FSA to entice customers with free shipping options. - Flexible Spending Account: FSAs are commonly utilized by employees to save on taxes and cover necessary medical expenses. Possible Related Products: | ||||
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