Unavailed leave - meaning

need some help (none) (25 Points)

30 November 2013  


I am currently working on an Indian company’s financial statements and I am having a hard time understanding what “Unavailed leave” means. It seems to be used only in India. Does it refer to holidays not “used” by an employee before he leaves a company which would entitle him to receive a cash compensation ?

Thanks in advance for your help!