bonification

English

Etymology

From bonus +‎ -ification.

Noun

bonification (plural bonifications)

1. The paying of a bonus (especially in relation to taxes).
   • 1867, Congressional Serial Set‎^[1]:

     We beg leave to state that on high colors cut by ten yards, (instead of twelve yards for ordinary colors,) there is a bonification of eight per cent.

   • 1893, Congressional Series of United States Public Documents‎^[2], volume 3128, page 241:

     A bonification of the mash and material tax at the former rate will be paid only on exportations to foreign countries, since all the German states have accepted the alcohol-tax law of June 24, 1887.

   • 1903, “The German private export premium system”, in Board of Trade Journa‎^[3], volume 39:

     The amount of the bonifications is to be fixed quarterly.

   • 2012, William Gouge, History of Paper Money and Banking‎^[4]:

     Besides the commission allowed him for purchasing the cotton and tobacco, which amounted to about $40,000, the witness said he received a "bonification commission" on the return or processed of sales, which amounted to upwards of $20,000 or more--making his compensation as agent rising $60,000.

   • 2013, Joseph Jaffe, Z.E.R.O.: Zero Paid Media as the New Marketing Model‎^[5]:

     Obviously, if the bonifications are received in cash, some risky creative bookkeeping is required on the agency side.

Related terms

• bonify

French

Pronunciation

• Audio

  (file)

Noun

bonification f (plural bonifications)

1. bonification
2. improvement

Further reading

• “bonification”, in Trésor de la langue française informatisé [Digitized Treasury of the French Language], 2012.