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单词 terminal bonus
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terminal bonus
terminal bonus n. a financial bonus given at the end of a particular period; spec. an additional amount of money added to a payment made on the maturity of an insurance policy or on the death of an insured person.
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1919 Times of India 22 Aug. 3/5 An initial bonus of Rs. 50 on joining appointment at Poona and a terminal bonus of Rs. 50 on completion of six months' satisfactory service.
1967 Guardian 4 Jan. 11/4 The new system of terminal bonuses has been introduced so that the normal profits of life assurance business can be supplemented by the results of successful investment.
2004 A. Vice 7 Ways to beat Pension Crisis vii. 114 Something of a question overhangs the terminal bonus, which is paid when the policy matures.
extracted from terminaladj.n.
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更新时间:2024/12/23 19:28:27