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terminal benefits

 

Definitions from the Web

Terminal Benefits

Definition: Terminal benefits refer to the financial compensation or perks an employee receives upon leaving a job permanently, typically upon retirement or termination.

Sense 1 (Noun): The monetary perks or advantages offered to employees as part of their retirement package or severance package.

Example Sentence: The company offers attractive terminal benefits to its long-serving employees, ensuring a comfortable retirement for them.

Sense 2 (Noun): The additional compensation or benefits provided to an employee or their family in the event of the employee's death.

Example Sentence: The deceased employee's family is entitled to receive terminal benefits, including life insurance and pension payouts.

Sense 3 (Adjective): Referring to something relating to or occurring at the end or termination of a process, journey, or period.

Example Sentence: The team organized a farewell party to celebrate the terminal benefits of their successful project.

Sense 4 (Adjective): Pertaining to something specific or unique to a particular location or locality.

Example Sentence: The festival showcased a range of terminal benefits, including traditional cuisines and local art forms.

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