Examlex
An option contract is formed when an offeree prevents the offeror form revoking his or her offer by paying the offeror compensation to keep the offer open for an agreed-upon period of time.
In-kind Payments
In-kind Payments are compensations or benefits provided in a form other than money, such as goods, services, or other non-cash benefits.
Employer Contributions
Payments made by employers towards employee benefits, such as retirement plans, health insurance, and social security.
Employee Entitlements
Rights or benefits that are guaranteed to employees by law or company policy, such as leave entitlements, retirement benefits, and healthcare.
Inflation
The rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.
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