Meaning of “comp time” in the English Dictionary

american-english dictionary

(Definition of “comp time” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"comp time" in American English

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comp timenoun [ U ]

us /ˈkɑmp tɑɪm/

extra time put in by a worker that can be exchanged for an equal amount of time to be used as vacation days, with no loss in pay

(Definition of “comp time” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"comp time" in Business English

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HR, WORKPLACE time that an employee who has worked extra hours may take off from work:

In a lot of places, if you work overtime, they will give you comp time as opposed to additional pay.

(Definition of “comp time” from the Cambridge Business English Dictionary © Cambridge University Press)