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LSDefine

Simple English definitions for legal terms

bonus

Read a random definition: Defense Department

A quick definition of bonus:

Bonus: An extra payment given to someone as a reward for doing a good job or as an incentive to do better. It's like getting a surprise gift for working hard or achieving something special. In some jobs, bonuses are given at the end of the year to show appreciation for the work done throughout the year. It's not a gift, but a payment for the extra effort put in. In the oil and gas industry, a bonus is an additional payment made to encourage someone to sign a lease for drilling on their land. A performance bonus is given to someone who has done exceptionally well in their work.

A more thorough explanation:

A bonus is an extra payment given in addition to what is expected or due. In the context of employment, bonuses are not gifts but are paid for services or as an incentive for outstanding productivity.

For example, at the end of the year, some companies give their employees a bonus as a reward for their hard work throughout the year. Another example is in the oil and gas industry, where a bonus may be paid to a lessor as an incentive to sign an oil-and-gas lease.

The amount of bonus paid may vary depending on the nature of the development activity in the area. If the land is located in a semi-proven area or a logical extension of a proven field, the bonus paid may be substantial.

Overall, a bonus is an additional payment given as a reward or incentive for exceptional performance or as a way to attract business in certain industries.

bonum factum | bonus share

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Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
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