Attrition definition

Attrition means customers whose contracts were terminated prior to the end of the term either at the option of the customer or by Just Energy.
Attrition means, in relation to clause 8.9, the termination of the natural gas or electricity account in relation to a specific Site, for example, due to electricity customers switching retailers, relocating to a different Site, or disconnection from their electricity service.
Attrition means that as people leave their jobs because they retire, resign, transfer, die or are promoted then they may not be replaced. In addition or alternatively, there may be a partial or complete freeze on recruiting new employees or on promotions.

Examples of Attrition in a sentence

  • Attrition means that as people leave their jobs because they retire, resign, transfer, die or are promoted then they may not be replaced.

  • Attrition means that as xxxxxxx leave their jobs because they retire, resign, transfer, die or are promoted then they may not be replaced.


More Definitions of Attrition

Attrition means the wearing away of tooth structure as a result of excessive clenching and grinding.
Attrition means customers whose contracts were terminated primarily due to relocation or cancelled by Just Energy due to delinquent accounts.
Attrition means customers whose contracts were terminated early or cancelled by Just Energy due to delinquent accounts.
Attrition means the aggregate number of canceled smart home and security subscribers during a period divided by the monthly weighted average number of total smart home and security subscribers for such period. Subscribers are considered canceled when they terminate in accordance with the terms of their contract, are terminated by the Company, or if payment from such subscribers is deemed uncollectible (when at least four monthly billings become past due). Sales of contracts to third parties and certain moves are excluded from the attrition calculation.
Attrition means the aggregate number of canceled subscribers during a period divided by the monthly weighted average number of total subscribers for such period. Subscribers are considered canceled when they terminate in accordance with the terms of their contract, are terminated by the Company, or if payment from such subscribers is deemed uncollectible (120 days past due). Sales of contracts to third parties and certain moves are excluded from the attrition calculation
Attrition means: (a) with respect to an Independent Financial Advisor, that such Independent Financial Advisor’s securities registration with the applicable Cetera Entity retail broker-dealer has been terminated, and (b) with respect to a Financial Institution Client, that the client accounts associated with bank networking agreements with Cetera Investment Services, LLC have been bulk transferred from Cetera Investment Services, LLC to a third party broker-dealer. “Attrited” shall have a corresponding meaning.
Attrition means customers whose contracts were terminated prior to the end of the term either at the option of the customer or by Just Energy. “customer” does not refer to an individual customer but instead to an RCE (see key term below).