1.A payment, profit, or benefit received in addition to a regular wage or salary, especially when due or expected. 2.Something regarded or claimed as an exclusive right by virtue of one's social position or rank:"The family had the perquisites of the upper-middle class, employing a maid...
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback. His 2023 compensation was valued at $12.2 million, including yearly salary, cash bonus, stock, and perquisites. Amanda Gerut, Fortune, 13 July 2024 The air travel is part of what...
Remunerationmeans any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961; Remuneration Reportmeans the remuneration report which forms part of the Directors’ Report of the Company for the financial ...
that Jonson accompanied Raleigh's son abroad in the capacity of a tutor. In 1618 Jonson was granted thereversionof the office of Master of the Revels, a post for which he was peculiarly fitted; but he did not live to enjoy its perquisites. Jonson was honoured with degrees by both universi...
Plansmeans the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control; ...
Perquisites Personal benefits, including direct benefits, such as the use of a firm car orexpenseaccount for personal business, and indirect benefits, such as up-to-date office décor. 12B-1 fees The percent of a mutual fund's assets used to defray marketing and distributionexpenses. The ...
Perquisites Fringe benefits or other incidental profits or benefits accompanying an office or position. The abbreviationperksis used in reference to extraordinary benefits afforded to business executives, such as country club memberships or the free use of automobiles. ...
Perpetuation of Evidence Perpetuities are odious in law and equity Perpetuity perquisites person person with care Persona conjuncta aequiparatur interesse proprio persona non grata Personable Personal Personal Actions personal bar personal bond personal dental services personal effects personal injuries personal...
In many countries, certain perks are considered taxable income and must be reported accordingly. Employers may also be subject to payroll taxes on the value of perquisites provided. It is important for both employers and employees to understand the tax regulations surrounding perquisites to ensure ...
Perquisites personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office décor. Personal tax view (of capital structure) The argument that the difference inpersonal tax rates between ...