Business / Human Resources (HR) / Discretionary Bonus: A form of variable pay where an employer provides additional cash compensation to an employee for reasons that are not pursuant to any prior contract, agreement or promise that would lead the employee to expect the payments regularly.
Bonus Noun Synonyms: reward, largesse, hand-out, perquisite, extra, honorarium, tip, gratuity, remuneration, compensation, perk
Business / Finance / Nondiscretionary Trust: A personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary. MORE
Science / Geology / Lease Bonus: Money paid to a mineral rights owner in exchange for granting a lease. This payment may be in addition to any rental or royalty payments. MORE
Business / Finance / Discretionary Trust: A type of buy order that gives the broker the freedom and power to make the execution at any time and price that is seen fit and reasonable, given the investor's goals. MORE
Business / Human Resources (HR) / Retention Bonus: An incentive payment used to entice employees from leaving the organization. Typically employees are asked to sign an agreement stating they will remain employed for a specific duration or until the c MORE
Science / Geology / Signing Bonus: Money paid to a mineral rights owner in exchange for granting a lease. This payment may be in addition to rental or royalty payments. MORE