How is Fixed Allowance defined in a legal contract?
- Fixed Allowance means specific quantities and allocations used to establish compliance with a guarantee, including instances like fuel measurements for various taxi and flight maneuvers. Seen in 5 SEC filings.
- Fixed Allowance means the volume of water services of all meters associated with a discharge point, expressed in annual volume in cubic meters, which is not discharged to the public sewerage system for reasons such as evaporation loss, or use in production. Seen in 1 SEC filing.
- Fixed Allowance means the allowances paid for a job or employment, in monthly instalments without any deductions, as outlined in employment contracts, in addition to the basic salary. Seen in 1 SEC filing.
- Fixed Allowance means a specified amount for a fiscal year, which is subject to an increase of a specified percentage in subsequent years. 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 fixed allowance' 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
- Fixed Allowance means predetermined quantities or sums given regularly, for fulfilling a set objective.
Relevant Contract Types
Relevant Circumstances
- When precise quantities or sums are necessary for contract fulfillment.
- Where rewards or bonuses are based on objective fulfillment.
Relevant Sectors
Genie Definition 2
- Fixed Allowance means the standard undeducted monthly payment as outlined in an employment contract, excluding base salary.
Relevant Contract Types
Relevant Circumstances
- When the compensation structure includes regular allowances in addition to base salary.
- When the allowances are not subject to any deductions.
Relevant Sectors
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Fixed Allowance means predetermined quantities or sums given regularly, for fulfilling a set objective.
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