Define: Commuted Leave

The meaning of “Commuted Leave” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Commuted Leave defined in a legal contract?

  • Commuted Leave means leave as provided. Seen in 5 SEC filings
  • Commuted Leave means leave granted in exchange for half paid leave due to medical reasons or to pursue higher technical or scientific studies in public interest. The amount of commuted leave is twice of the half paid leave balance. Seen in 5 SEC filings
  • Commuted Leave means leave taken under regulations 23. Seen in 4 SEC filings
  • Commuted Leave means leave taken under Rule 67. Seen in 3 SEC filings
  • Commuted Leave means leave as provided under paragraph 21. Seen in 3 SEC filings
  • Commuted Leave means leave as provided under paragraph 18. Seen in 3 SEC filings
  • Commuted Leave means leave as provided under paragraph 19. Seen in 2 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of commuted leave' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Commuted Leave means leave authorized under specific regulations or rules.

Relevant Contract Types

Relevant Circumstances

  • When formalizing work leave policies.
  • In cases where an employee is granted leave per specific guidelines or rules.
  • Where leave policies fall under certain regulatory or statutory mandates.

Relevant Sectors

Genie Definition 2

  • Commuted Leave means leave given in exchange for half paid leave for specified purposes.

Relevant Contract Types

Relevant Circumstances

  • In the context of extended medical leaves.
  • When an employee wishes to pursue higher studies.
  • In case of contractual obligations allowing leave in lieu of half pay.

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Commuted Leave" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Commuted Leave'?

Commuted Leave means leave authorized under specific regulations or rules.

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