GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:30 Jun 15, 2015 |
Romanian to English translations [PRO] Law (general) | |||||||
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| Selected response from: Simona Pop Romania Local time: 00:24 | ||||||
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Summary of answers provided | ||||
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3 +5 | retention period |
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retention period Explanation: https://en.wikipedia.org/wiki/Retention_period The retention period of a document is an aspect of records management. It represents the period of time a document should be kept or "retained" both electronically and in paper format. At the termination of the retention period, the document is usually destroyed. The term is generally used by accountants and tax professionals whose occupation involves dealing with legal documents that only need to remain in existence for a certain amount of time. The retention period varies for different types of records. |
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