SuaviloquyToday’s word

bonus

Bonus, n.; pl. Bonuses (.

Etymology: [L. bonus good. Cf. Bonny.]

1. (Law)

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. Bouvier.

2. An extra dividend to the shareholders of a joint stock company, out of accumulated profits.

3. Money paid in addition to a stated compensation.

Shades of meaning

Fernald has no entry of its own for bonus; he lists it under subsidy.

He lists it without comment; the entries above explain its neighbors.