PRODUCTIVITY Definition

Bookmark and Share

PRODUCTIVITY is a measured relationship of the quantity and quality of units produced and the labor required per unit of time.

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.

8-K is a document required by the SEC to announce certain significant changes in a public company, such as a merger or acquisition, a name or address change, bankruptcy, change of auditors, or any other information which a potential investor ought to know about.

Suggest a Term

Enter Search Term

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