Meaning & Definition of word "Bonus"

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    Bonus

    /ˈboʊ.nəs/

    noun:

    • 1. Something extra or additional that is given, often as a reward.
      • Example: The employees received a cash bonus at the end of the year for their hard work.
    • 2. An additional benefit or incentive, often in the context of sales or performance.
      • Example: The sales team earned a bonus for exceeding their quarterly targets.
    • 3. A gift or reward given to someone in recognition of their achievements.
      • Example: She got a bonus in the form of a vacation package for winning the competition.
    • 4. An additional amount of money or advantage given as a reward.
      • Example: The winner of the contest received a large bonus along with the trophy.

    Etymology

    Latin 'bonus' meaning 'good'.

    Common Phrases and Expressions

    sign-on bonus:

    A financial incentive offered to new employees at the time of hiring.

    performance bonus:

    An additional payment based on an employee's work performance.

    loyalty bonus:

    A reward given to customers for their ongoing patronage.

    Related Words

    incentive:

    A factor that motivates or encourages someone to do something.

    award:

    A prize or other mark of recognition given in honor of an achievement.

    Slang Meanings of bonus

    Meaning: Sweetener

    Example Sentence: The extra vacation days were a sweetener for the new job.

    Meaning: Kickback

    Example Sentence: She received a kickback for bringing in new clients.