checkoff
- noun
- /ˈtʃɛkˌɔf/
- Jargon
- Each month, a small amount is taken out through checkoff for the retirement fund.
Examples
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The company uses a checkoff system for union dues.
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Participation in the charity drive was made easy with an automatic checkoff from salaries.
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The company uses a checkoff system to collect union dues from employees' paychecks.
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Many employees prefer the checkoff method for ease.
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Through the new checkoff program, employees will have union dues automatically deducted from their paychecks.
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The project was funded by a checkoff where a portion of salaries goes towards the community's health initiatives.
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In the meeting, the manager explained how the checkoff system simplifies the process of collecting dues from members.
Surface Forms
Morphology
Etymology
Checkoff for payroll comes from taking money 'off' an employee's paycheck, so small amounts are marked to be removed automatically for things like dues or charity.