termination year
[ˌtɜːmɪˈneɪʃən jɪr]
nounpl: termination years
ano de rescisão
1. The final year in which an agreement, contract, employment relationship, or lease is officially ended or expires
The termination year of the contract is 2025, after which the company will no longer be bound by its terms.
O ano de rescisão do contrato é 2025, após o qual a empresa não será mais obrigada pelos seus termos.
2. In employment contexts, the specific year when an employee's job ends, whether through resignation, dismissal, or retirement
His termination year was 2023 when he decided to retire from the company.
Seu ano de rescisão foi 2023 quando ele decidiu se aposentar da empresa.
3. In finance and investment, the year marking the end of a financial instrument, fund, or investment period
The fund's termination year is projected to be 2030 based on current redemption rates.
O ano de encerramento do fundo é projetado para 2030 com base nas taxas atuais de resgate.
In both Brazilian and American business contexts, 'termination year' is a formal legal and employment term commonly used in contracts, HR documents, and financial agreements. In Brazil, it carries the same weight in labor law as in the United States, particularly given Brazil's strict employment regulations (CLT - Consolidação das Leis do Trabalho). The term is essential in corporate documentation and labor negotiations in both countries.
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