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Bonus vs Award - What's the difference?

bonus | award |

In transitive terms the difference between bonus and award

is that bonus is to pay a bonus, premium while award is to give an award (prize) for merit.

bonus

English

Noun

(es)
  • Something extra that is good.
  • An extra sum given as a premium, e.g. to an employee.
  • * {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
  • , title= Engineers of a different kind , passage=Private-equity nabobs bristle at being dubbed mere financiers.
  • (uncountable, basketball) One or more free throws awarded to a team when the opposing team has accumulated enough fouls.
  • Derived terms

    * signing bonus

    Verb

  • To pay a bonus, premium
  • Anagrams

    * ----

    award

    English

    (wikipedia award)

    Noun

    (en noun)
  • (legal) A judgment, sentence, or final decision. Specifically: The decision of arbitrators in a case submitted.
  • (legal) The paper containing the decision of arbitrators; that which is warded.
  • A trophy or medal; something that denotes an accomplishment, especially in a competition. A based on merit.
  • (obsolete) Care, keeping.
  • *, Bk.VIII, Ch.ix:
  • *:Than the kynge for grete favour made Tramtryste to be put in his doughtyrs awarde and kepying, because she was a noble surgeon.
  • A negotiated minimum wage that is set for a particular trade or industry; an .
  • *1970 , Kenneth Frederick Walker, Australian Industrial Relations Systems , p.242,
  • *:The AMIEU[(Australian Meat Industry Employees Union)] first developed into a powerful organisation in the early years of the twentieth century, and after the first industry-wide collective agreement was made in 1911, collective bargaining prevailed in the industry until 1917, when the employers sought an award' from the Queensland Industrial Court. The first ' award was issued on March 12, 1918.
  • *2000 , Mark Wooden, The Transformation of Australian Industrial Relations , p.42,
  • *:A further 17 per cent responded that the agreement replaced ‘most’ aspects of the award', leaving the large majority (67 per cent) claiming that the agreeement replaced only ‘some’ aspects of the ' award .
  • *2007 , (Australian Bureau of Statistics), 2007 Year book, Australia , p.182,
  • *:Employees whose pay is set by ‘award' only’ are those who have their pay set by an '''award''', and who are not paid more than the ' award rate of pay.
  • Verb

    (en verb)
  • (legal) To give by sentence or judicial determination; to assign or apportion, after careful regard to the nature of the case; to adjudge; as, the arbitrators awarded damages to the complainant.
  • * Dryden
  • To review / The wrongful sentence, and award a new.
  • To determine; to make or grant an award.
  • to give an (prize) for merit
  • He was awarded the Nobel Prize for Literature.

    Synonyms

    * (make or grant an award) crown

    Derived terms

    * awardee * awarder