applicable monthly guarantee
Defined in 1 dictionary — U.S. Code
United States Code
29 U.S.C. § 2611 — as used in this subchapter (4 versions over time)
In this subparagraph, the term “applicable monthly guarantee” means—
(I) for an employee described in clause (i) other than an employee on reserve status, the minimum number of hours for which an employer has agreed to schedule such employee for any given month; and
(II) for an employee described in clause (i) who is on reserve status, the number of hours for which an employer has agreed to pay such employee on reserve status for any given month,