wearaway
n.— «There has been a constant battle over freezing some older workers pension benefits since IBM ran afoul of its senior workers in 1999. That fight may be over as the U.S. Treasury has now issued a ruling that determined that no foul is committed when employers give pension options that delays what is known as “wearaway” (the effects of a freeze), but doesn’t eliminate it.» —“Treasury and IRS Agree; Pension Freezing is Legal!” by Mike Folkerth OpEdNews.com Feb. 7, 2008. (source: Double-Tongued Dictionary)
Further reading
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A magnificent new book celebrates the richness and diversity of 450 years of written and spoken English in what is now the United States. It’s called The People’s Tongue, and it’s a sumptuous collection of essays, letters, poems...