Examlex
Working capital measures the ability to meet long-term obligations with current assets.
Terms of Employment
The conditions under which an employee works, including hours, salary, benefits, and responsibilities.
TOF Timer
A "Timer Off-Delay" type in programmable logic controllers that starts timing when the input turns off and can turn an output on or off after a set delay.
On-Delay Timer
An electromechanical relay with contacts that change state a predetermined time period after the coil is energized; the contacts return to their shelf state immediately on de-energization of the coil; also, a programmable logic controller instruction that emulates the operation of the electromechanical on-delay timer.
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