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Year-end Bonus: Definition, Examples, and Usage

Meaning 1:End-of-year reward (Year-end bonus)

Year-end bonus 🔊
/jɪr-ɛnd ˈboʊnəs/
n.
An extra sum of money paid to an employee at the end of the year as a reward for their work.
Employee receiving year-end bonus envelope at office party
End-of-year reward 🔊
/ɛnd əv jɪr rɪˈwɔrd/
n.
An additional payment given to employees at the conclusion of the fiscal or calendar year, often based on company performance.
📁 Category:Social Economy 🔖 Level:Intermediate

📘 Details & Usage

📖 Root Explanation
Year + end + bonus (Latin 'bonus' meaning good).
💡 Mnemonic
Year-end bonus: extra pay for a good year's work.
📖 Example
Everyone in the office is excited because we just received our year-end bonus, and I'm planning to buy a nice gift for my family. 🔊 Everyone in the office is excited because we just received our year-end bonus, and I'm planning to buy a nice gift for my family.
🔗 Collocations
receive a year-end bonus – get an additional payment at year's end
year-end bonus scheme – company plan for distributing year-end bonuses
substantial year-end bonus – large year-end reward
🔄 Synonyms
annual bonus (n.) – A bonus given each year
Christmas bonus (n.) – A bonus given around Christmas time
performance bonus (n.) – A bonus based on job performance
🚫 Antonyms
salary cut (n.) – Reduction in regular pay
deduction (n.) – Amount taken away from pay
fine (n.) – Monetary penalty
📖 Cultural Story
The word 'bonus' originates from Latin 'bonus' meaning 'good'. In business, year-end bonuses date back to the 19th century as a reward for employee loyalty and performance.
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