Appendix KGlossary


This glossary is intended to identify and define words and terms that relate directly or indirectly to the subject of executive compensation. It is not intended to be a definitive and complete listing, but one that might be of help in designing, reviewing, approving, and administering executive compensation plans. No claim is made that there might not be other and better definitions. But hopefully this glossary will be of help in researching the same or similar material.

ability to pay The financial capability to compensate employees.

acceptance bonus See hiring bonus.

accidental death and dismemberment (AD&D) An insurance contract ...

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