termination


termination
The action taken by a secured party to end or give up its interest in collateral. For personal property collateral, a termination may be entered into the public record by using a standard form called a UCC-3. American Banker Glossary

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termination ter‧mi‧na‧tion [ˌtɜːmˈneɪʆn ǁ ˌtɜːr-] noun [countable, uncountable]
1. the act of ending something, or the end of something:

• No reason was given for the termination of the discussions.

• Some investors will continue with payments until the plan's termination in 15 years' time.

2. HUMAN RESOURCES when someone is removed from their job by their employer:

• Some partners were selected for termination.

• The planned job terminations will affect various locations.

ˌwrongful termiˈnation
HUMAN RESOURCES LAW when someone is removed from their job in a way that is unfair and illegal, for example when the correct process has not been followed:

• The employees sued, claiming wrongful termination.

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termination UK US /ˌtɜːmɪˈneɪʃən/ noun [C or U]
the act of ending something, or the end of something: »

Executive directors are entitled to 12 months' notice of termination of their contracts.

»

All benefits and cover cease upon reaching the termination date of the loan.

»

An important element at the termination of a project is reporting back on what went well and what went badly.

»

Consumers have to pay an early termination fee to break their contracts.

HR the act of removing someone from their job: »

Such misconduct, he warned, could lead to suspension or termination.

»

She believed her termination was racially motivated.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Termination — may refer to:In science: *Termination codon, in molecular biology *Termination factor, in genetics, part of the process of transcribing RNA *Termination type, in lithic reduction, a characteristic indicating the manner in which the distal end of… …   Wikipedia

  • termination — I noun abatement, adjournment, cancellation, climax, close, completion, conclusion, confine, consequence, consummation, culmination, denouement, destination, discharge, discontinuance, effect, end, ending, end of the matter, end result, epilogue …   Law dictionary

  • Termination — Ter mi*na tion, n. [L. terminatio a bounding, fixing, determining: cf. F. terminasion, OF. also termination. See {Term}.] 1. The act of terminating, or of limiting or setting bounds; the act of ending or concluding; as, a voluntary termination of …   The Collaborative International Dictionary of English

  • termination — [tʉr΄mə nā′shən] n. [L terminatio] 1. a terminating or being terminated 2. the end of something in space or time; limit, bound, conclusion, or finish 3. Linguis. the end of a word; final sound, morpheme, or syllable; specif., an inflectional… …   English World dictionary

  • termination — termination. См. терминация. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

  • Termination — (v. lat.), 1) Grenzsetzung, Begrenzung; 2) Festsetzung, Endigung …   Pierer's Universal-Lexikon

  • termination — (n.) late 14c., authoritative resolution of a matter, from O.Fr. terminacion and directly from L. terminationem (nom. terminatio) a fixing of boundaries, bounding, determining, from pp. stem of terminare to limit, end (see TERMINUS (Cf.… …   Etymology dictionary

  • termination — *end, ending, terminus Analogous words: result, issue, outcome (see EFFECT): concluding or conclusion, completion, closing or close (see corresponding verbs at CLOSE) Antonyms: inception: source …   New Dictionary of Synonyms

  • termination — [n] end abortion, ballgame*, cease, cessation, close, completion, conclusion, consequence, curtains*, cut off*, desistance, discontinuation, effect, ending, end of the line*, expiry, finale, finis, finish, issue, kiss off*, outcome, payoff*,… …   New thesaurus

  • termination — Termination, Terminatio …   Thresor de la langue françoyse


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