(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.
Premium
Definition:
(n.) A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc.
(n.) Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital.
(n.) A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.
(n.) A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium.
Example Sentences:
(1) He added: "Jobs and innovation and skills are really at a premium and are so needed, particularly in a place like the UK."
(2) Increasing food inflation means families within this group have to pay a £280 cost of living "premium" as they spend a greater share of their budget on essentials (which have risen faster than other goods) compared with higher-income households.
(3) It is likely most simply cannot afford full unsubsidized premiums.” Similarly, an analysis by the Urban Institute predicts that many of those who will lose their subsidies won’t be able to afford it without them and will cancel their insurance as a result.
(4) Rupert Murdoch has a battle on his hands to win over leading shareholders in BSkyB, who scent the opportunity for a high-stakes game of brinkmanship and are pushing for a premium price of well over £10bn for full control of the pay-television company.
(5) They are also concerned that house insurance premiums may increase substantially," she said.
(6) Houlihan said there was no sign that the "premium sports rights bubble" was about to burst: "Premium live sport delivers large audiences, typically characterised by an attractive demographic profile.
(7) • You can make a quick search for outstanding NS&I premium bond prizes online using the prize checker .
(8) Patients were randomized to have their skin closed with either continuous subcuticular non-absorbable polypropylene 'prolene' suture (33 patients) or metal skin staples (Autosuture 'Premium' or Davis and Geck 'Oppose'; 33 patients).
(9) The national obsession with smartphones and tablets appears to be firing demand for EE's faster service, despite its premium price.
(10) Debenhams said it also trailed behind its rivals in terms of convenience because it lacked a competitive range of premium delivery options.
(11) The company, which claims to have more than 24 million users, a quarter of whom pay for its premium ad-free service, has a $200m credit line from lenders including Morgan Stanley, Deutsche Bank and Goldman Sachs, any of which could take the lead role in a flotation and earn millions in fees.
(12) The company’s success reflects affluent shoppers’ willingness to pay extra for products perceived to be of high quality, made with premium ingredients.
(13) This is in contrast to regular monthly premium payments which incur no further cost to the consumer if cancelled.
(14) In early February , about 70% of those who signed up for Aetna health plans through Obamacare went on to pay their premiums.
(15) The aim would be to raise insurance premiums and other shipping costs, and so boost oil prices as a way of inflicting pain on the west and replacing revenues lost through the embargo.
(16) Total costs (premium and out-of-pocket) for enrollees are 10 to 40 per cent lower than those for comparable people with health insurance.
(17) Almost 15,000 adopted children, many of them teenagers, will miss out on a £1,900 "pupil premium" for publicly funded schools in England, to provide extra help for them, according to the support group Adoption UK .
(18) A number of companies, including B&Q, Tesco and Morrisons have raised basic pay only to cut perks and premium payments for weekend, holiday or late working.
(19) I think that’s why 70% of the public now supports public ownership … the passengers pay a premium for privatisation.” For Cash, the short changing of passengers to benefit a few shareholders is symptomatic of the current regime – austerity for the many and prosperity for the few.
(20) However, even if you prefer Marmite to marmalade on your toast, citrus peel is a powerful tool in the kitchen, especially at this time of year, when bright, fresh flavours are at a premium.