bonus

bonus definition - business

bonus

  1. Additional compensation that is paid as a reward for achieving specific goals or providing above-average performance.
  2. An additional good or service that is offered to potential customers in order to convince them to purchase a product. For example, an extended service contract may be offered to a company that purchases machinery.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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