Define: Accrued Leave

How is Accrued Leave defined in a legal contract?

• Accrued Leave means authorized leave with pay, including vacation, sick leave, compensatory time off and all other types. Seen in 13 SEC filings
• Accrued Leave means annual or personal leave earned by an employee from a previous year. Seen in 3 SEC filings
• Accrued Leave means leave time, including annual leave, cashable sick leave and similar, that transferred employees have accrued as per the policies of the [organization]. Seen in 3 SEC filings
• Accrued Leave means leave that employees are entitled to from a prior accrual period. Seen in 3 SEC filings
• Accrued Leave means leave that an employee has earned but not used in the current year. Seen in 2 SEC filings
• Accrued Leave means the total number of leave days allocated to an employee, including sick leave, personal leave and, if applicable, vacation leave. Seen in 1 SEC filing

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 accrued leave' yourself to verify these results. We are always keen to point people to source documents.

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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.

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Genie Definition 1

• Accrued Leave means paid leave that has been earned but not yet used, inclusive of types such as vacation, sick, and compensatory leave.

Relevant Contract Types

• Employment Contract
• Temporary Employment Contract
• Part-time Employment Contract
• Consultancy Contract
• Service Contractor Agreement

Relevant Circumstances

• Hiring a new employee
• Temporary staff agreement
• Contract renewal

Relevant Sectors

• HR & Employment
• Consultancy Services
• Professional Services

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Genie Definition 2

• Accrued Leave means transferable leave time earned from previous employment periods recognized under [organization]'s policies.

Relevant Contract Types

• Employment Contract
• Transfer Agreement
• Merger & Acquisition Agreement

Relevant Circumstances

• Employee transfer
• Mergers and acquisitions involving employee transfers

Relevant Sectors

• HR & Employment
• Corporate Services
• Merger & Acquisitions

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