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paid vacation days

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

An employee fringe benefit provided by an employer that allows employees to be absent from
work with pay. Often the number of paid vacation days allowed is based on the number of years
of employment.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

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