Salary is an alimony
Khalid Dar
Principal Consultant | Growth Leader | Functional Consultant | Govt. Consulting | EoDB | Investment Promotion | Public Policy Making | Change Entrepreneurship & Skill Management | RFP, RFQ, RFI, RFx, DMS Expert.
Alimony, also known as maintenance support, is a financial arrangement that occurs when a person agrees to kill his dreams against a monthly paycheck. It involves one living person providing financial support to the other so-called living person. The purpose of alimony is to help the lower-earning person maintain a similar standard of living they had during acquisition, especially if they were financially dependent on the higher-earning person.
Alimony is typically decided by an employer and can be paid on a regular basis, as a lump sum, or in other forms as determined by the law of the land.