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bonus

 
Dictionary: bo·nus   ('nəs) pronunciation
n., pl., -nus·es.
  1. Something given or paid in addition to what is usual or expected.
    1. A sum of money or an equivalent given to an employee in addition to the employee's usual compensation.
    2. A sum of money in addition to salary that is given to a professional athlete for signing up with a team.
  2. A subsidy from a government to an industry.
  3. A sum of money paid by a government to a war veteran.
  4. A premium, as of stock, that is given by a corporation to another party, such as a purchaser of its securities.
  5. A sum of money that is paid by a corporation in excess of interest or royalties charged for the granting of a privilege or a loan to that corporation.
  6. Basketball. An additional free throw awarded to a player who has been fouled when the opposing team has committed more than a specified number of fouls during a period of play.

[From Latin, good.]


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1. Compensation paid to an employee or employees for achieving a particular sales goal or organizational objective. This is above and beyond either a Commission or a Salary. A corporation achieving a 10% increase in profits may distribute part of the earnings as a bonus to its employees.

2. An unexpected benefit occurring as the result of making a particular action.

Thesaurus: bonus
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noun

    A sum of money offered for a special service, such as the apprehension of a criminal: bounty, reward. See law, reward/punish/deserve.

Antonyms: bonus
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n

Definition: benefit
Antonyms: disadvantage

n

Definition: extra payment
Antonyms: penalty


 
bonus, extra amount in money, bonds, or goods over what is normally due. The term is applied especially to payments to employees either for production in excess of the normal (wage incentive) or as a share of surplus profits. The wage incentive was designed during the late 19th cent. not only to increase production but to reward the more skillful and more energetic workers. The hourly or weekly wage was to be figured as payment for a standard rate of work, and the workers who exceeded that standard were to receive a bonus. However, the system fell into disfavor with labor unions because rate cutting was often resorted to when bonuses became too high. Industrial engineers of the 1930s realized that definite standards of accomplishment and quality must be set to make wage incentives workable. Many firms have used an annual bonus plan for distributing abnormal profits to employees. The term is also applied to payments to former servicemen in addition to regular pensions and insurance. Veterans of World War I lobbied to obtain a bonus for their military service. In 1924 each veteran received an adjusted compensation certificate entitling him to a payment averaging $1,000 to be made in 1945. In 1932 about 15,000 unemployed veterans formed the "Bonus Expeditionary Force," or Bonus Marchers, and marched to Washington to demand immediate payment of the certificates. President Hoover ordered troops to oust them from federal property. In 1936 Congress passed a law permitting the veterans to exchange their certificates for cashable bonds. A number of states voted veterans' bonuses after World War II and the Korean War.

Bibliography

See W. W. Waters, B.E.F.: The Whole Story of the Bonus Army (1933, repr. 1969); V. D. Kennedy, Union Policy and Incentive Wage Methods (1945, repr. 1969); J. K. Louden, Wage Incentives (2d ed. 1959); R. Marriott, Incentive Payment Systems (3d rev. ed. 1968).


Word Tutor: bonus
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pronunciation

IN BRIEF: An additional reward; something extra.

pronunciation With the bonus my mom got at work, she bought me extra nice birthday gifts.

Translations: Bonus
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Dansk (Danish)
n. - bonus, tilgift

Nederlands (Dutch)
bonus, extraatje, bof

Français (French)
n. - prime, coup de chance, bonus, gratification, (Comm) prime, (GB, Fin) dividende exceptionnel, bonification

Deutsch (German)
n. - Bonus, Prämie, Gratifikation, Zulage, Pluspunkt

Ελληνική (Greek)
n. - δώρο (μισθωτού), μπόνους, έκτακτο/πρόσθετο μέρισμα

Italiano (Italian)
fortuna, gratifica, bonus, soprassoldo

Português (Portuguese)
n. - bônus (m)

Русский (Russian)
премия

Español (Spanish)
n. - suerte, ganga, bonificación, extra, gratificación

Svenska (Swedish)
n. - bonus, extrabetalning, tillägg

中文(简体)(Chinese (Simplified))
奖金, 红利

中文(繁體)(Chinese (Traditional))
n. - 獎金, 紅利

한국어 (Korean)
n. - 상여금, 할증금, 경품

日本語 (Japanese)
n. - ボーナス, 賞与, 特別配当金, 利益配当金, 思いがけない贈り物, 景品, おまけ

العربيه (Arabic)
‏(الاسم) علاوة, مكافأة, اكراميه‏

עברית (Hebrew)
n. - ‮הטבה, בונוס‬


 
 
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