leave of absence

leave of absence definition - business

leave of absence

An employer-approved extended absence from work without loss of employment standing. A company may offer leaves of absence for a variety of reasons, including medical conditions, conducting research, completing education programs, or undertaking charitable activities. Leaves may be with full pay, partial pay, or no pay.

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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