override

override definition - business

override

  1. A fee paid to managers that is in addition to their regular pay. For example, a sales manager may receive a portion of the commissions paid to other salespeople. Also called commission override.
  2. In taxation, an assessment that is in addition to any automatic increase.
  3. A mechanism for altering an automatic process. For example, equipment may have an override that allows an employee to interrupt its normal operation.

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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