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Thursday, November 21st, 2024
the Week of Proper 28 / Ordinary 33
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Bible Encyclopedias
Bonus

1911 Encyclopedia Britannica

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(a jocular application of the Lat. bonus, for bonum, " a good thing"), a sum paid to shareholders in a joint-stock company, as an addition to the ordinary dividend, and generally given out of accumulated profits, or out of profits gained from exceptional transactions. As used by insurance companies, the word denotes the addition made to the amount of a policy by a distribution pro rata of accumulated profits or surplus. In a more general sense, bonus is any payment or remuneration over and above what is due and promised.

Bibliography Information
Chisholm, Hugh, General Editor. Entry for 'Bonus'. 1911 Encyclopedia Britanica. https://www.studylight.org/​encyclopedias/​eng/​bri/​b/bonus.html. 1910.
 
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