Definition: a Resignation is the formal act of quitting or leaving one's job, position or office. In other words, it is the act of telling your employer that you are leaving your job.
It is also the written statement or letter in which you state that you are doing this.

A resignation is possible when a person holding a job or position gained by election or appointment steps down, but leaving a job or position upon the expiration of a term is not considered resignation.

When an employee chooses to leave a position, it is considered a resignation, as opposed to involuntary termination.


Learn more about Resignations

More on termination of employment: Attrition, Dismissal, Downsizing, Employee Exit Management, Employee Furlough, more...

You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.

MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.

Add MBA Brief to your desktop / iPad


© 2023 MBA Brief - Last updated: 31-5-2023  -  Privacy   |   Terms