eligibility requirements

eligibility requirements definition - business

eligibility requirements

Minimum standards for acceptability. For example, an individual must meet a minimum age standard and have 40 quarters of coverage to qualify for Social Security retirement benefits. Employers nearly always have eligibility requirements for employees to qualify for medical and retirement benefits.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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