BONUSSED

BONUS

Bo"nus, n.; pl. Bonuses (. Etym: [L. bonus good. Cf. Bonny.]

1. (Law)

Definition: 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.

2. An extra dividend to the shareholders of a joint stock company, out of accumulated profits.

3. Money paid in addition to a stated compensation.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

17 March 2025

PARAMAGNET

(noun) magnet made of a substance whose magnetization is proportional to the strength of the magnetic field applied to it


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Coffee Trivia

The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.

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