Fire

Fire (Employment Termination)
The term 'fire' refers to the act of discharging or terminating an employee from their position. It is one of the most definitive actions a company can take in its relationship with an employee. This term is synonymous with 'sack'.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.