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A retention period (associated with a retention schedule or retention program) is an aspect of records and information management (RIM) and the records life cycle that identifies the duration of time for which the information should be maintained or "retained", irrespective of format (paper, electronic, or other). Retention periods vary with ...
A part of any effective data retention policy is the permanent deletion of the retained data; achieving secure deletion of data by encrypting the data when stored, and then deleting the encryption key after a specified retention period. Thus, effectively deleting the data object and its copies stored in online and offline locations. [7]
An inactive record is a record that is no longer needed to conduct current business but is being preserved until it meets the end of its retention period, such as when a project ends, a product line is retired, or the end of a fiscal reporting period is reached. These records may hold business, legal, fiscal, or historical value for the entity ...
A retention schedule is a listing of organizational information types, or series of information in a manner which facilitates the understanding and application of the identified and approved retention period, and other information retention aspects.
Retention rate is a statistical measurement of the proportion of people that remain involved with a group from one time period to another. The concept is used in many contexts, including marketing, investment, education, employee management, research, and clinical trials. The exact definition depends on the context.
Many lenders require a seven-year waiting period after a bankruptcy or foreclosure before they will lend to a borrower again. “But this can be decreased based on several factors, such as your ...
The U.S. Constitution prevents Donald Trump from running for a third term, but that hasn’t stopped him from toying with the idea.. Trump raised the topic at a Black History Month event Thursday. ...
the period of time that a system is available to perform a backup procedure. Backup procedures can have detrimental effects to system and network performance, sometimes requiring the primary use of the system to be suspended. These effects can be mitigated by arranging a backup window with the users or owners of the system(s). Copy backup