Release

1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).

Source:

In the employment context, document signed by an employee in settlement of all disputes arising out of his employment in which he promises not to commence any proceedings in the courts or before a workplace administrative tribunal in consideration of receiving money from his former employer. As a note of caution, if the employee does not get independent legal advice before signing the release, a court may nullify it.

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