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In law, an ex gratia payment is a payment made without the giver recognizing any liability or legal obligation.
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∙ 11y ago
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What in legal terms is a payment ex gratia?
Ex Gratia means "by favor". In legal terms, this is a payment made by a company or employer when no payment is obligated. The payment is not made because a person is employed by the company and is unconnected to the services the company provides.
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Texas, NorthPaper (ex. Ordering Checks):111000025Electronic (ex. Direct Deposit/Automatic Payment):111000025Wire Transfer:026009593Texas, SouthPaper (ex. Ordering Checks):113000023Electronic (ex. Direct Deposit/Automatic Payment):111000025Wire Transfer:026009593
What Ex gratia is providable out of Bonus?
Hi Bonus and Ex Gratia are two different payments. Bonus is a statutory payment under the Act, whereas Ex Gratia is purely voluntary. It follows that Ex Gratia is not included with the payment of Bonus, but is payable at the discretion of management in addition to or even in the absence of bonus.
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Out of, from
What is the meaning of the ex prefix?
out,from, or away
