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Business Dictionary :
Bonus



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Bonus : noun : extra payment


Capital Bonus : extra payment by an insurance company which is produced by capital gain


Cost-Of-Living Bonus = money paid to meet the increase in the cost of living


Christmas Bonus = extra payment made to staff at Christmas


Incentive Bonus = extra pay offered to a worker to encourage him to work harder


Productivity Bonus = extra payment made because of increased productivity


Bonus Share = extra share given to an existing shareholder


No-Claims Bonus = reduction of premiums on an insurance because no claims have been made


NOTE : Plural is BONUSES.

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