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Overtime pay
Overtime payCompensation to be paid to employees in addition to their normal wages for hours they had worked over the forty-hour workweek contract. RELATED TERMS-------------------------------------- Compensation 1) Contracts. A reward for services rendered. 2) Crim. law; Compeusatio crimiuura, or recrimination. 3) Remedies. The damages recovered for an injury, or the violation of a contract. Wages Contract.A compensation given to a hired person for his or her services. Contract A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract. SIMILAR TERMS-------------------------------------- Overbilling schemes Padding invoices with extraneous or fictitious items. Intentional duplicate billing, such as billing two parties for the same work is also an overbilling scheme. Overdue A bill, note, bond or other contract, for the payment of money at a particular day, when not paid upon the day, is overdue. Overplus What is left beyond a certain amount; the residue, the remainder of a thing. The same as Surplus. Overregulation Exaggerate regulation of a particular industry or area of the economy or society by government. Overrule A judge's decision not to allow an objection. Also, a decision by a higher court finding that a lower court decision was in error. Overseers of the poor Persons appointed or elected to take care of the poor with moneys furnished to them by the public authority. Oversman Scotch law. A person commonly named in a submission, to whom power is given to determine in case the arbiters cannot agree in the sentence; sometimes the nomination of the oversman is left to the arbiters. In either case the oversman has no power to decide, unless the arbiters differ in opinion. Overt Open. An overt act in treason is proof of the intention of the traitor, because it opens his designs; without an overt act treason cannot be committed. Overtime lawsuit A lawsuit for unpaid overtime. PREVIOUS AND NEXT TERMS-------------------------------------- Overtime pay We thank you for using the Juridical Dictionary to search for Overtime pay. If you have a better definition for Overtime pay than the one presented here, please let us know by making use of the suggest a term option. This definition of Overtime pay may be disputed by other professionals. Our attempt is to provide easy definitions on Overtime pay and any other medical topic for the public at large.
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