Workshare
Definition & Meaning
Part of speech noun
Quick meaning: Workshare is a noun meaning (US) A strategy for handling market slowdowns where employees' hours are reduced rather than incurring layoffs.
Meaning
(US) A strategy for handling market slowdowns where employees' hours are reduced rather than incurring layoffs.
More Meanings
- (UK, Ireland) A cooperative funding arrangement between multiple governments whereby the costs of a contract are divided between several governments who benefit from that contract.
Word Forms
- workshares
Related Words
Related dictionary entries include share, shareholding, workfare, timesharing, timeshare, subpartnership.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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