Legal Definition and Related Resources of Lay Off

A temporary suspension of employment at the will of an employer .

Browse or run a search for Lay Off in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Lay Off in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Lay Off in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Lay Off in the Legal Abbreviations and Acronyms Dictionary.

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Lay Off Definition (in the Accounting Vocabulary)

The New York State Society of Certified Public Accountants offers the following definition of Lay Off in a way that is easy for anybody to understand: Reduce the risk in standby commitment, under which the bankers agree to purchase and resell to the public any portion of a stock issue not subscribed to by shareowners who hold rights.