premium bonus

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• premium bonus — A payment by results method of paying workers, in which a standard time is set for the production of each unit and bonuses are paid related to the actual time taken. Depending on the needs of the organization, this scheme can be varied to achieve …   Big dictionary of business and management

• premium — premium, prize, award, reward, meed, guerdon, bounty, bonus are comparable when they mean something which is bestowed upon a person as a recompense for cooperation, greater effort, superior merit, or supremacy in competition. Premium is applied… …   New Dictionary of Synonyms

• premium — pre·mi·um / prē mē əm/ n 1: the difference between the face value or par value of a security and its market price when the latter is greater compare discount 2: the price paid for an insurance contract equal to the cost per unit times the number… …   Law dictionary

• bonus — I noun additive, benefit, boni, boon, bounty, dividend, donation, extra, gift, gratuity, honorarium, incentive, perquisites, pourboire, premium, prime, reward, something over and above, surplus, surplusage, tip associated concepts: bonus stock II …   Law dictionary

• Premium economy — is a travel class offered on some airlines, taking one of two forms:* a simple upgrade to the Economy class provided as a free upgrade to premium members of frequent flyer program and passengers flying full fare economy, normally as a section of… …   Wikipedia

• bonus — [bō′nəs] n. pl. bonuses [L, good < OL dvonus < IE * du , var. of base * deu , to venerate > OE (lang)twidig, (long) granted, L beare, pp. beatus, to make happy] anything given in addition to the customary or required amount; specif., a)… …   English World dictionary

• premium — [prē′mē əm] n. pl. premiums [L praemium, reward, recompense < prae , before + emere, to take: see PRE & REDEEM] 1. a reward or prize, esp. one offered free or at a special low price as an added inducement to buy or do something; bonus 2. an… …   English World dictionary

• Premium — Pre mi*um, n.; pl. {Premiums}. [L. praemium, originally, what one has got before or better than others; prae before + emere to take, buy. See {Redeem}.] 1. A reward or recompense; a prize to be won by being before another, or others, in a… …   The Collaborative International Dictionary of English

• Bonus — Bo nus, n.; pl. {Bonuses}. [L. bonus good. Cf. {Bonny}.] 1. (Law) A premium given for a loan, or for a charter or other privilege granted to a company; as the bank paid a bonus for its charter. Bouvier. [1913 Webster] 2. An extra dividend to the… …   The Collaborative International Dictionary of English

• premium — [adj] excellent choice, exceptional, prime, select, selected, superior; concept 574 Ant. inferior, low, low class, poor premium [n] bonus, prize appreciation, boon, bounty, carrot*, dividend, extra, fee*, gravy*, guerdon, meed, percentage, perk* …   New thesaurus

• bonus shares — shares allotted free to existing members of the company, usually in proportion to their existing shareholdings, and paid up by an accounting transfer to share capital account from profit and loss account, revaluation reserve, share premium… …   Law dictionary