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cafeteria plan
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cafeteria plan
noun
a fringe-benefit plan under which employees may choose from among various benefits those that best fit their needs, up to a specified dollar value.
Also called cafeteria benefit plan.
Origin:
1985–90
1985–90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Cafeteria plan
is always a great word to know.
So is bezoar. Does it mean:
| a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison. |
| the offspring of a zebra and a donkey. |
Dictionary.com's 21st Century Lexicon
| Main Entry: | cafeteria plan |
| Part of Speech: | n |
| Definition: | an employee benefit plan that allows employees to choices (as in a cafeteria) involving health insurance and retirement plans, etc., that best meet their needs; also called flexible benefit plan |
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