Definition, Meaning & Synonyms
checkoff
noun
ˈʧɛkˌɔf
Definition
A system or method for collecting dues or contributions that is typically used by organizations or unions, where members authorize deductions from their paychecks.
Examples
- The union implemented a checkoff system to make membership dues collection easier.
- Through the checkoff agreement, employees agreed to have their contributions deducted automatically.
- The checkoff has helped increase funding for the organization significantly.
Meaning
A checkoff is a process often utilized in labor unions and other organizations allowing for the automatic deduction of dues or fees from an individual’s paycheck. This system simplifies the payment process for both the organization and its members.
Synonyms
- deduction
- automatic payment
- payroll deduction