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Bonus Definition of Bonus by Merriam-Webster.
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Look up Bonus or bonus in Wiktionary, the free dictionary. Bonus commonly means.: Bonus, a Commonwealth term for a distribution of profits to a with-profits insurance policy. Bonus payment, an extra payment received as a reward for doing one's' job well or as an incentive.
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In most cases, C-suite executives are awarded larger bonuses than lower-level employees. While bonuses are traditionally issued to high-performing, profit-generating employees, some companies opt to issue bonuses to lower-performing employees as well, even though businesses that do this tend to grow more slowly and generate less money.

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