Definition of Bonus

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TeachMeFinance.com - explain Bonus




historic definition...

Bonus --A premium or gratuity; something given free in addition to what is usual or stipulated. It is not an infrequent practise on the organization of a stock company to give to purchasers of the preferred stock as a bonus that is, without charge, a certain percentage (perhaps an equal amount) of common stock. Sometimes when a company issues bonds it gives to purchasers a bonus in stock. In Great Britain when an extra dividend or dividend in excess of the regular dividend is declared it is called a bonus.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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