The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

NET RETENTION Definition & Legal Meaning

Definition & Citations:

1. In Insurance, this is the insurance policies amount still on the books after subtracting cancellations and lapsed policies from new policies written. 2. In General business, this is the company’s employee turnover number. Company’s growth as a measurement. Calculated as: during a specific time period, Employee count added plus employee count still employed minus employee count that quit minus employee count fired.


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