Deferred Compensation definition

Deferred Compensation means the Compensation elected by the Participant to be deferred pursuant to the Plan.
Deferred Compensation means as to a Participant the amount of Deferral Contributions, Rollover Contributions and Transfers adjusted for allocable net income, gain or loss, in the Participant's Account.
Deferred Compensation means an award made by an employer to compensate an employee in a future cost accounting period or periods for services rendered in one or more cost accounting periods before the date of the receipt of compensation by the employee. This definition shall not include the amount of year end accruals for salaries, wages, or bonuses that are to be paid within a reasonable period of time after the end of a cost accounting period.

Examples of Deferred Compensation in a sentence

  • Deferred compensation plans have been established at The Plymouth Rock Company and several of its subsidiaries for officers, directors, and managers, other than the founding shareholders.

  • Deferred compensation will often have a zero basis, and assets with an unknown basis are also treated as having a zero basis.


More Definitions of Deferred Compensation

Deferred Compensation means compensation provided under a nonqualified deferred compensation plan as defined in, and subject to, Code Section 409A.
Deferred Compensation means that portion of any Director’s Eligible Compensation that he or she elects pursuant to Section 8(a) to be deferred in accordance with this Plan.
Deferred Compensation means the amount of Compensation otherwise payable to the Participant that the Participant and the City mutually agree shall be deferred in accordance with the provisions of the Plan.
Deferred Compensation means the amount, as mutually agreed to by the Participant and the Funds, by which any Compensation not yet earned shall be reduced in return for the benefits provided under the Plan.
Deferred Compensation means the amount of Compensation that a Participant has irrevocably elected to defer under the terms of this Plan.
Deferred Compensation means the amount of Compensation not yet earned, as designated in the Participation Agreement which is made a part hereof, which the Participant and the Employer mutually agree shall be deferred in accordance with the provisions of this Plan, subject to the limitations as described in this plan document. For purposes of the Plan, Deferred Compensation shall include any Employer Contributions made hereunder.
Deferred Compensation means the amount of Compensation that the Participant elects to defer under the Deferral Agreement and that the Participant and the Employer mutually agree shall be deferred in accordance with the Plan, if any, and the amount of any Employer Contributions, if any, made on behalf of the Participant.