time bank
Word Rarity
Common
Frequency: Zipf frequency 5.13 in modern English
16
Scrabble Score
8
Letters
1
Syllables
8
Unique Chars
Meaning
noun
A system for reciprocal volunteering that uses time as the unit of currency.
noun
A system in which an employer keeps track of overtime hours that can later be redeemed as either money or as time off with pay.
Canadian usage
noun
A player's allotment of additional time in online poker games.
Example Sentences
- "Thanks to the Time Bank launched there in 2000, patients can now be prescribed if appropriate - not just with the usual pharmacological armoury - but with a friendly visit once a week, or a lift to the shops, or small repairs at home."
- "In British Columbia, where an employee requests it in writing, and employer may establish a time bank for the employee and credit overtime wages to the time bank instead of paying them to the employee."