Meaning & Definition of word "Bonus"

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.