Examlex
Movement of inmates out of the cell block or pod often requires restraints and security staff escorts.
Vested Benefits
Employee benefits, such as pension plans or stock options, that one has earned the right to receive and cannot be forfeited.
Accrual Concept
An accounting methodology that records revenues and expenses when they are incurred, regardless of cash flow.
Intangible Asset
An asset that lacks physical substance and represents potential future benefits; examples include patents, trademarks, and goodwill.
Defined Benefit Pension Plan
A type of pension plan where the benefits that the retiree will receive are defined based on factors such as salary history and duration of employment.
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