|Definition||:||Loss of Pay|
|Category||:||Business » Business Terms|
What does LOP mean?
Loss of Pay (LOP) is levied by the employer for time during which an employee has not performed the work specified under the contract of employment. During the period of LOP, the employee is not entitled for any pay or allowance.
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||LOP||Letter of Permission|
||LOP||Line Of Position|
Frequently Asked Questions (FAQ)
What is the full form of LOP?
The full form of LOP is Loss of Pay