(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.
Dividend
Definition:
(n.) A sum of money to be divided and distributed; the share of a sum divided that falls to each individual; a distribute sum, share, or percentage; -- applied to the profits as appropriated among shareholders, and to assets as apportioned among creditors; as, the dividend of a bank, a railway corporation, or a bankrupt estate.
(n.) A number or quantity which is to be divided.
Example Sentences:
(1) 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.
(2) It’s an additional income but it’s also a financial safeguard.” Rosby Mthinda, who has worked with Dohse for more than a decade and now trains collectors in her role as field assistant, says the baobab trade is paying dividends for people and the environment.
(3) The latest filed accounts show Coates and her family have started to enjoy the fruits of their labour, sharing almost £75m in dividends over three years.
(4) Prior planning of the coverage before the excision pays dividends by preventing disastrous complications.
(5) Arguably the national interest would have been better served if some of that dividend cash had been diverted to research that would produce new technologies, and new jobs, 10 years from now.
(6) Sydney defender Jacques Faty constantly seems a defensive accident waiting to happen, while the club are yet to reap full dividend from their attacking imports at the other end of the field.
(7) BHS shareholders led by Green, and the billionaire’s family, withdrew more than £580m in dividends , rental payments and interest on loans from the failed department store chain before he sold it for £1 in March 2015.
(8) ActionAid in response notes that dividends paid directly from Zambia to South Africa are taxed in Zambia at 15%, a tax which this structure avoids.
(9) The real dividend comes over a longer period of time.
(10) The increase in banks' costs and capital requirements will also have a knock-on effect on economic growth, reduce dividends for UK pension funds and could promote heavier risk-taking within the banks," Davies said.
(11) In practice, there are now two or three classes of shareholders, and the only ones that ought to have the privileges of dividends and decision-making about the future of the companies they are said to own ought to be those that hold on to your shares for the longer term.
(12) He added that a sign that the underlying business had performed well in the tough climate was its delivery of a significantly higher dividend of £68.8m – compared with £49.4m – to the BBC.
(13) The Bank of England sends a clear message to banks today to cut staff bonuses and share dividends so that they can bolster their capital cushions while maintaining lending to businesses and households.
(14) That was the only reason he came to his decision," Forsey said, adding that only the Sports Direct's board would decide when it is appropriate to pay a dividend.
(15) Under the deal BP is expected take a stake of more than 15% in Rosneft plus more than $15bn in cash, part of which may be distributed as a special dividend.
(16) At most companies offering 6%, the dividend is under threat or going sideways.
(17) BP revealed on Tuesday that it made $1.6bn (£950m) from its interest in Rosneft in the first six months of 2014, on top of a $700m dividend from Rosneft in July.
(18) In his paper, Where is the peace dividend?, Knox contrasts the quality of life in the poorest areas, using the devolved Belfast government’s category of neighbourhood renewal areas (NRAs), with those that are not deemed to be in need of major socio-economic investment.
(19) On other occasions, attempts to persuade Sir Philip to contemplate the impact of withdrawing £400m in dividends soon after buying the high street chain also failed.
(20) Ben Olsen brought several young players through at the end of that debacle and it seems to have paid dividends as they are only a point behind Sporting at the top of the East, with a game in hand.