Definition of bonus

The word "bonus" has its roots in ancient Latin. The Latin word "bonus" means "good", and it was used to describe something that was given as a gift or a reward. In the context of finance, the term "bonus" originated in the 14th century when it referred to a payment made to a Roman soldier for exceptional service. Over time, the term evolved to refer to a payment made to employees as a reward for good work, usually above and beyond their regular salary. This concept of a "bonus" was brought to England by the Normans, where it became a common practice in the 16th century. Today, the word "bonus" is widely used in many languages to describe any additional payment or benefit given to individuals or companies as a reward or incentive.