Experience Modification

Business, Legal & Accounting Glossary

Definition: Experience Modification


Experience Modification


Full Definition of Experience Modification


A premium amount increase or decrease caused by the use of an experience-rating plan.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/experience-modification/
Modern Language Association (MLA):
Experience Modification. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/experience-modification/.
Chicago Manual of Style (CMS):
Experience Modification. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/experience-modification/ (accessed: April 19, 2024).
American Psychological Association (APA):
Experience Modification. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/experience-modification/

Definition Sources


Definitions for Experience Modification are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.