Finance Glossary Definition (English)
Vacancy Discount Defined
The following is in context to Finance, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"Projected salary savings from personnel turnover. The discount is budgeted as a percentage of the budgeted salary and retirement for General Fund departments. In FY 2002-2003, the discount is budgeted in the General Fund at 3.0% of combined salary and retirement for civilian positions, and 1.5% for uniform Police and Fire positions."
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Additional Vacancy Discount Definition Starting Points
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Expert Dictionary: Vacancy Discount
