A specific time period used as a benchmark in measuring financial or economic data.
In the Uruguay Round, 1986-1988 was the base period for calculating domestic support and market access commitments while 1986-1990 was the base period for export subsidy commitments.
When the unemployment insurance system determines an individualâ€(tm)s eligibility for benefits, the state looks at four quarters of past earnings-called the base period. The base period usually covers the first four of the last five completed calendar quarters. If a worker is ineligible under the regular base period, some states have an alternative base period (ABP), which counts a workerâ€(tm)s most recent earnings. Without an ABP, up to six months of recent earnings are not included in the base period.
Recently available 12 consecutive months of actual experience. Not always the most recent 12 months. In a rate proceeding, 12 months of actual operations ending no more than 4 months before the date a rate change application is filed. In reference to the EQUITABLE SHARING MECHANISM, a representative base period must reflect a representative level of purchases by a pipeline's firm customers during a period preceding the onset of changed conditions which resulted in reduced purchases and growth of the take-or-pay problem. See EQUITABLE SHARING MECHANISM, DEFICIENCY PERIOD, PURCHASE DEFICIENCY METHODOLOGY and TEST PERIOD.
When dealing with unemployment compensation, it generally consists of the first four quarters of the last five completed quarters immediately preceding the claimant's benefit year.
The time used as the reference point in calculating comparative index values. Normally, the base period is allocated the number 100 (as in: 1992 = 100), and all other periods' values are measured with reference to the values at that time.
The period of time for which data used as the base of an index number, or other ratio, have been collected. This period is frequently one of a year but it may be as short as one day or as long as the average of a group of years. The length of the base period is governed by the nature of the material under review, the purpose for which the index number (or ratio) is being compiled, and the desire to use a period as free as possible from abnormal influences in order to avoid bias.
The first four of the last five completed calendar quarters before you became unemployed.
A particular period of time used for comparative purposes when measuring economic data.
a one-year period of earnings, divided into quarters
The base period is the first four of the last five completed calendar quarters at the time you open your initial claim for benefits. Monetary eligibility is based upon how much you earned during this base period.
The period against which the current period is compared in any index.
The primary base period is the first four of the last five completed calendar quarters prior to the calendar quarter in which your claim is effective.
The minimum period of working time required to qualify for unemployment compensation benefits.
A statutory period of the first 4 of the last 5 completed calendar quarters immediately preceding the individual's Benefit Year in which an individual must have the required employment and/or wages to establish entitlement to unemployment compensation. An "Alternate Base Period" means that for any individual who does not have sufficient wages in the Base Period to qualify for benefits, that individual's Base Period shall be the last 4 completed calendar quarters immediately preceding the effective date of the claim.
In conjunction with unemployment compensation, it usually consists of the Internal Revenue Service four quarters of the last five completed quarters preceding the claimant's benefit year.
As it relates to unemployment compensation, it generally consists of 52 weeks or four of the last five quarters, immediately preceding the claimants benefit year.
The time of day when vehicle requirements and schedules are not influenced by peak period demands; transit riding is fairly constant and low to moderate in volume and service is scheduled at constant intervals.
A period of time that is used as a measurement yardstick for economic data. A base period may be a month, year or average of years. For example, the US inflation rate is determined by measuring the current Consumer Price Index against those of its base year, 1967. See: Consumer Price Index; Inflation Rate; Producer Price Index
The earliest financial reporting period used in horizontal analysis. See also horizontal analysis.
The yearlong period that SDI uses to determine your regular wages. It starts around 17 months before your disability and ends around 5 months before then. Your base period is divided into 4 quarters, and the quarter with the highest wage is used to determine your benefit amount.
A specified period of 12 consecutive months or, in some States, 52 weeks preceding the beginning of a benefit year during which an individual must have the required employment and/or wages in order to establish entitlement to compensation or allowances under an applicable program.
The period for measuring a qualified employer's past experience with unemployment; the four fiscal years preceding the computation date (July 1 of each year). For claimants, the base period is the base year.
The first four of the last five completed calendar quarters before the beginning of your claim.
The period between the morning and evening peak periods when transit service is generally scheduled on a constant interval. Also known as "off-peak period." (APTA)
Between the morning and evening rush hours when transit is scheduled at regular intervals. Also called off-peak period.