What's the difference between allowance and bonus?

Allowance


Definition:

  • (n.) Approval; approbation.
  • (n.) The act of allowing, granting, conceding, or admitting; authorization; permission; sanction; tolerance.
  • (n.) Acknowledgment.
  • (n.) License; indulgence.
  • (n.) That which is allowed; a share or portion allotted or granted; a sum granted as a reimbursement, a bounty, or as appropriate for any purpose; a stated quantity, as of food or drink; hence, a limited quantity of meat and drink, when provisions fall short.
  • (n.) Abatement; deduction; the taking into account of mitigating circumstances; as, to make allowance for the inexperience of youth.
  • (n.) A customary deduction from the gross weight of goods, different in different countries, such as tare and tret.
  • (n.) To put upon a fixed allowance (esp. of provisions and drink); to supply in a fixed and limited quantity; as, the captain was obliged to allowance his crew; our provisions were allowanced.

Example Sentences:

  • (1) To examine the central nervous system regulation of duodenal bicarbonate secretion, an animal model was developed that allowed cerebroventricular and intravenous injections as well as collection of duodenal perfusates in awake, freely moving rats.
  • (2) Senator Bernie Sanders of Vermont, who is also seeking the Democratic presidential nomination, recently proposed a bill that would ease the financial burden of prescription drugs on elderly Americans by allowing Medicare, the national social health insurance program, to negotiate with the pharmaceutical companies to keep prices down.
  • (3) Finally the advanced automation of the equipment allowed weekly the evaluation of catecholamines and the whole range of their known metabolites in 36 urine samples.
  • (4) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (5) A chronic cannulation procedure is described which allows for sampling vomeronasal organ (VNO) contents repeatedly in freely moving conscious subjects.
  • (6) In the measurement, enzyme-labeled and unlabeled antigens (Ag* and Ag) were allowed to compete in binding to the antibody (Ab) under conditions where Ag* much less than Ab much less than Ag.
  • (7) "At the same time, however, we cannot allow one man's untrue version of what happened to stand unchallenged," he said.
  • (8) The hprt T-cell cloning assay allows the detection of mutations occurring in vivo in the hypoxanthine-guanine phosphoribosyltransferase (hprt) gene of T-lymphocytes.
  • (9) The presently available data allow us to draw the following conclusions: 1) G proteins play a mediatory role in the transmission of the signal(s) generated upon receptor occupancy that leads to the observed cytoskeletal changes.
  • (10) Meanwhile, reductions in tax allowances on dividends for company shareholders from £5,000 down to £2,000 represent another dent to the incomes of many business owners.
  • (11) Sewel is also recorded complaining about the level of appearance allowances at the House of Lords .
  • (12) Human gingival fibroblasts were allowed to attach and spread on bio-glasses for 1-72 h. Unreactive silica glass and cell culture polystyrene served as controls.
  • (13) Writing in the Observer , Schmidt said his company's accounts were complicated but complied with international taxation treaties that allowed it to pay most of its tax in the United States.
  • (14) Madrid now hopes that a growing clamour for future rescues of Europe's banks to be done directly, without money going via governments, may still allow it to avoid accepting loans that would add to an already fast-growing national debt.
  • (15) This mobilization procedure allowed transfer and expression of pJT1 Ag+ resistance in E. coli C600.
  • (16) As increases to the Isa allowance are based on the CPI inflation figure for the year to the previous September, the new data suggests the current Isa limit of £15,240 will remain unchanged next year.
  • (17) This experimental system allows separation of three B lymphocyte developmental stages: early differentiation in vitro, progression to IgM secretion in vivo, and late differentiation dependent upon mature T lymphocytes in vivo.
  • (18) There is precedent in Islamic law for saving the life of the mother where there is a clear choice of allowing either the fetus or the mother to survive.
  • (19) Subthreshold concentrations of the drug to induce complete blockade (5 x 10(-8)M) allowed to observe a greater depression of bioelectric cell characteristics in primary than in transitional fibres.
  • (20) One hundred and ninety-nine children aged 7-14 and 177 adolescents in remission and minimal manifestations of rheumatoid arthritis (RA) were examined before and after fangotherapy with allowance for activity of the process, age-related reactivity.

Bonus


Definition:

  • (n.) 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.
  • (n.) An extra dividend to the shareholders of a joint stock company, out of accumulated profits.
  • (n.) Money paid in addition to a stated compensation.

Example Sentences:

  • (1) The Treasury said: "Britain has been at the forefront of global reforms to make banking more responsible, including big reductions in upfront cash bonuses and linking rewards to long-term success.
  • (2) It takes more than a statistical read out and the return of big bank bonuses for a real recovery," he said.
  • (3) But it has already attracted attention for paying some deferred bonuses early in the US to avoid a hike in tax rates.
  • (4) And he failed to engage with these sensible proposals to limit bonuses to a maximum of a year's salary or double that if explicitly backed by shareholders - proposals which even his own MEPs have backed – until the very last minute.
  • (5) Lord Mandelson told bankers today that the one-off tax that will be imposed on their bonuses in today's pre-budget report was not designed to "teach them a lesson".
  • (6) If a bank does not meet the commitment, its chief executive and senior managers responsible for business lending will not receive the maximum pay and bonus as a result."
  • (7) The commission heard that the bonus culture had grown from the 1980s and that professionalism had been lost from the industry.
  • (8) An added bonus: With acceptance comes team building.
  • (9) It is the bonus culture – not high pay, recklessness or incompetence – that has polluted banking's public image.
  • (10) Excellent question -- is the absence of a bonus for M&S's 80,000+ staff a "failure of leadership"?
  • (11) In 2007, his £450,000 LTIP, combined with basic salary and bonus, left him £1.2m better off - and with nearly double the then salary of the BBC's director general, Mark Thompson.
  • (12) Until the October 2008 banking crisis there were no restrictions on the way bankers were paid, but rules were devised to try to link payouts to performance when it emerged that banks would still pay bonuses despite receiving taxpayer bailouts.
  • (13) The key point is that the G20 principles do not place any cap on the size of bonuses.
  • (14) Belinda Lester, from the employment law firm CKFT, agreed: "If they have a bad year, it's very difficult to cut back salaries"; the second big plus from the bank's point of view is "if a significant part of your remuneration is a bonus, these contracts will make it very clear that bonus is only payable if you're not leaving.
  • (15) The staff bonus pool at J Sainsbury has fallen by a quarter, despite the supermarket chain posting higher sales and profits for the last financial year.
  • (16) The chief executive has already waived his bonus for 2012 following the furore surrounding the £1m he was to be handed for 2011 before the political outcry forced him to hand it back.
  • (17) Just a few days before its annual results, the bank is ready to tell staff how much they will be getting and outline new payments to top staff who will be affected by the EU's bonus cap.
  • (18) Griffith earned £1.05m, including a bonus of £548,500, worth 113% of his salary and just short of the 125% maximum.
  • (19) HSBC and Standard Chartered, two UK-based banks who often manage to avoid the bonus spotlight, will also feel the heat after paying out millions to US regulators for breaches of the rules.
  • (20) Yet bank bonuses soared in April as payments were delayed so the highest paid could benefit from this government's top rate tax cut.