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

2 May 2024

BEQUEATH

(verb) leave or give by will after one’s death; “My aunt bequeathed me all her jewelry”; “My grandfather left me his entire estate”


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Coffee Trivia

Some 16th-century Italian clergymen tried to ban coffee because they believed it to be “satanic.” However, Pope Clement VII loved coffee so much that he lifted the ban and had coffee baptized in 1600.

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