For Pay Cycle we have terms and definitions in 4 topics. The topics are Accounting, Casino, Gambling and Video Poker.

Pay Cycle (Accounting)

is a set of rules that defines the criteria by which scheduled payments are selected for payment creatione.g.payroll may be on a weeklybi-weeklyor monthly pay cycle.

Pay Cycle (Casino)

A theoretical expression that reflects the number of plays required for the machine to cycle through all possible winning and non-winning combinations.

Pay Cycle (Gambling)

A theoretical expression that reflects the number of plays required for the machine to cycle through all possible winning and nonwinning combinations.

Pay Cycle (Video Poker)

The commonly held belief that slot machines run on pay cycles: after taking a certain amount of money, the machine pays out a certain amount of money. This is why people look for a machine that hasn’t “hit” for a period of time. In reality, slot machines pay out on a percentage basis over a long period of time, typically up to one year, not in short-term cycles.

Similar

Browse words that start with:

• Pa
• Pay
• Pay
• Pay C

Browse All Terms by First Letter

Term Search