- noun: a period of time that a member of the armed forces is allowed to be absent, especially to return temporarily to their own home.
However, since the Covid-19 pandemic, the term has been applied generally across all employers, and it is used for those workers who were laid off because a company couldn't employ them - quite a different scenario, and much more negative...
- noun: the period of time when a company stops employing someone, because the company does not have enough money or enough work
The term comes from a Dutch term verlof, meaning "leave of absence".
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