Glossary
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- L -

 

 

Labor distribution (LD)

A Human Resources Oracle module, which includes effort reporting and IFR appointments.

 

 

Labor schedule

Consists of a project, task, award, organization, expenditure type, begin date, end date (optional) and a percentage to define where a person's labor costs must be distributed. See charging instructions.

 

 

Labor surplus area

A geographical area in which the rate of unemployment exceeds the national average. Vendors in such areas are eligible to receive preferential treatment in bidding on procurements made on Federally supported programs in accordance with Executive Order 12073.

 

 

Lecturer

A person having specialized knowledge of a particular subject who is engaged to convey this knowledge by discourse to an audience in return for an established fee. If the speaking engagements are extensive, the person may have to be considered an employee. 

NOTE:  The IRS has ruled, in most cases, that adjunct faculty are employees.

 

Legacy system / legacy data

The old RF mainframe system and the data converted from the mainframe.

 

 

List of values (LOV)

Acceptable input values for the current Oracle field, chosen from a pick-list of choices. When you display a list, the values appear in a window with a title that describes the contents.

 

 

Local travel

Travel is local if the approved Research Foundation (RF) business is conducted in and around the traveler's official station.

 

 

Location

Geographic sites where people or organizations are physically located. Locations can be very general (e.g., campus) or specific (e.g., central office first floor). An organization has classifications that allow functionality within the organization.

 

 

Long-term rental agreement

A written vehicle rental agreement for longer than 30 days that sets forth the terms and conditions governing the use of a rental vehicle. All long-term rental agreements must be forwarded to the RF Office of the Chief Financial Officer for insurance and compliance review and approval before execution by the operating location. All long-term rental vehicles should be added to the RF business automobile policy.

 

 

Lump-sum payment

An award that is made in a single payment. This type of payment is not to be used for a performance or incentive bonus, a discretionary award, or commission.

 



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