LINE MANAGEMENT Definition

Bookmark and Share

LINE MANAGEMENT is the administration of the line functions of an organization; administration of activities contributing directly to the organizations output.

Learn new Accounting Terms

THREE PERCENT (3%) RULE is a rule used in vesting pension plan benefits. The participants accrued benefit must be at least equal to 3% of the participants normal projected retirement benefit for each year of participation, with a maximum of 100% after 33 1/3 years of participation.

TERM ENDOWMENT are endowments with time restrictions required by the donor such as a restriction that the income from the endowment may not be utilized until a future period or a specific date for condition is met.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.