8 The following terms are used in this Standard with the meanings specified:

Definitions of employee benefits

"Employee benefits" are all forms of consideration given by an entity in exchange for service rendered by employees or for the termination of employment.

"Short-term employee benefits" are employee benefits (other than termination benefits) that are expected to be settled wholly before twelve months after the end of the annual reporting period in which the employees render the related service.

"Post-employment benefits" are employee benefits (other than termination benefits and short-term employee benefits) that are payable after the completion of employment.

"Other long-term employee benefits" are all employee benefits other than short-term employee benefits, post-employment benefits and termination benefits.