(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.
Profit
Definition:
(n.) Acquisition beyond expenditure; excess of value received for producing, keeping, or selling, over cost; hence, pecuniary gain in any transaction or occupation; emolument; as, a profit on the sale of goods.
(n.) Accession of good; valuable results; useful consequences; benefit; avail; gain; as, an office of profit,
(n.) To be of service to; to be good to; to help on; to benefit; to advantage; to avail; to aid; as, truth profits all men.
(v. i.) To gain advantage; to make improvement; to improve; to gain; to advance.
(v. i.) To be of use or advantage; to do or bring good.
Example Sentences:
(1) 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.
(2) The country has no offshore wind farms, though a number of projects are in the research phase to determine their profitability.
(3) In documents due to be published by the bank, it will signal a need to shed costs from a business that employs 10,000 people as it scrambles to return to profit.
(4) Helsby, who joined the estate agent in 1980, saw his basic salary unchanged at £225,000, but gains a £610,000 windfall in shares, available from May, as well as a £363,000 increase in cash and shares under the company profits-sharing scheme.
(5) But not only did it post a larger loss than expected, Amazon also projected 7% to 18% revenue growth over the busiest shopping period of the year, a far cry from the 20%-plus pace that had convinced investors to overlook its persistent lack of profit in the past.
(6) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
(7) Analysts have trimmed their profit forecasts for this year with trading profits of £3.3bn pencilled in compared with £3.5bn in 2012-13.
(8) It argues that much of the support of for-profits derives from American market ideology and the assumption that the search for profits leads to efficiency in production.
(9) The company said it was on track to meet forecasts for annual profit of about £110m.
(10) Our positive experiences with IMACS discussed above should be even more profound and profitable for the larger medical institutions.
(11) Large price cuts seem to have taken a toll on retailer profitability, while not necessarily increasing sales substantially,” Barclaycard concluded.
(12) The retail and wholesale divisions powered the improved profits.
(13) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
(14) Knowing the risks of transporting cocaine from Africa to the US, and given the slim profit margin, “tell me who will be doing that kind of deal?” Chigbo asked.
(15) The expansion comes hot on the heels of another year of stellar growth in which Primark edged closer to overtaking high street stalwart M&S in sales and profits.
(16) This year we are growing at more than 20% in terms of volume, but the issue is profit margin.
(17) But without the US business, it will be more reliant on its European business, as well as being less profitable.
(18) Such tales of publicly subsidised private profits very much fit with the wider picture of relations between the City and the nation.
(19) Everton announce plan for new stadium in nearby Walton Hall Park Read more The club has set aside £2.5m to commence work on the stadium should its funding proposals – that Elstone claims will give the council an annual profit – gain approval.
(20) Where the taxpayer will pay now have to pay replace all the ageing power stations the privates sector has profited from for the last 30 years.