noun a situation in which someone is allowed to leave work early, typically as a benefit provided by an employer
In finance, an early-out option refers to the ability for an investor to exit a financial agreement before its predetermined maturity date.
In education, an early-out day may refer to a day when students are released from school earlier than usual, often due to weather conditions or holidays.
In healthcare, an early-out program may refer to a service that helps patients pay medical bills before they are sent to collections.
In the telecommunications industry, early-out programs may refer to plans that allow customers to end their contracts early by paying a fee.
In employee benefits, an early-out program may be offered by a company to encourage employees to retire early by providing incentives such as increased pension benefits or severance packages.
In the publishing industry, an 'early-out' clause in a contract may allow a writer to terminate the agreement before its completion under certain circumstances.
In the field of mental health, 'early-out' may refer to a patient ending therapy sessions prematurely.
In construction contracts, an 'early-out' provision may allow either party to terminate the agreement before the project is completed.
In software development contracts, an 'early-out' clause may specify conditions under which either party can exit the agreement before the project is finished.
In education, 'early-out' may refer to a teacher leaving their position before the end of the school year.
In consulting agreements, an 'early-out' provision may allow either party to terminate the contract before the agreed-upon term.
In sales contracts, an 'early-out' clause may allow a salesperson to opt out of the agreement before meeting certain quotas or targets.
In accounting engagements, 'early-out' may refer to either party ending the professional relationship before the completion of the agreed-upon services.