cafeteria benefit

cafeteria benefit

Useful english dictionary. 2012.

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  • cafeteria — I. noun Etymology: American Spanish cafetería coffeehouse, from cafetera coffee maker, from French cafetière, from café Date: 1894 a restaurant in which the customers serve themselves or are served at a counter and take the food to tables to eat… …   New Collegiate Dictionary

  • cafeteria plan — n. A fringe benefit plan that allows employees to choose from a range of benefits, selecting them according to individual needs. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.… …   Law dictionary

  • cafeteria plan — cafeˈteria ˌplan noun [countable] HUMAN RESOURCES a system in which an employee can choose which Benefits they receive from a company, for example medical insurance or child care, up to a certain total amount of money * * * cafeteria plan UK US… …   Financial and business terms

  • cafeteria plan —  Benefit package that allows employee choice.  ► “Since image is everything these days, someone came up with the idea of using the term ‘cafeteria plan’ to describe a new way to sell employees on a substantially reduced benefits program.”… …   American business jargon

  • cafeteria — ☆ cafeteria [kaf΄ə tir′ē ə ] n. [AmSp, coffee store] a self service restaurant in which food is displayed on counters adj. allowing a choice from among several options: used chiefly to designate company benefit or insurance plans that allow each… …   English World dictionary

  • benefit — See security proceeds Euroclear Clearing and Settlement glossary * * * ▪ I. benefit ben‧e‧fit 1 [ˈbenfɪt] noun 1. [countable] a good effect or advantage that something has, for example a product or service: • We will focus our marketing message… …   Financial and business terms

  • Cafeteria Plan — An employee benefit plan that allows staff to choose from a variety of benefits to formulate a plan that best suits their needs. Cafeteria plan options may include health and accident insurance, cash benefits, tax advantages and/or retirement… …   Investment dictionary

  • Cafeteria plan — A cafeteria plan is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. Its name comes from the earliest such plans that allowed employees to choose between different types of… …   Wikipedia

  • cafeteria-style — caf·e·te·ri·a style (kăf ĭ tîrʹē ə stīl ) adj. 1. Arranged in the manner of a cafeteria. 2. Designed in such a way that one may select from a group or assortment only those things deemed desirable: a cafeteria style benefit program. * * * …   Universalium

  • cafeteria plan — In the USA, an agreement that permits employees to select a fringe benefit from a variety of such benefits (including cash); under the tax code, the benefit is not included in the gross income of the participants solely because the participants… …   Accounting dictionary

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