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Incentive - Law Dictionary Search Results

Home Dictionary Name: incentive

Incentive bonus

Incentive bonus, clerical staff and the subordinate staff also take part in the production and there is no reason for excluding them altogether from the scheme of incentive bonus, Burn & Co. v. Employees, AIR 1960 SC 896 (897). See also Manganese Ore (India) Ltd. v. Chand Lal Saha, AIR 1991 SC 520....


incentive stock option

incentive stock option see option ...


Incentive

That which moves or influences the mind or operates on the passions that which incites or has a tendency to incite to determination or action that which prompts to good or ill motive spur as the love of money and the desire of promotion are two powerful incentives to action...


Eligibility certificate

Eligibility certificate, means a certificate granted by the SICOM or the relevant Regional Development Corporation or the District Industries Centre concerned or the Maharashtra Tourism Develop-ment Corporation or the Maharashtra Energy Development Authority in respect of sales tax incentives under the relevant package scheme of incentives designed by the State Government, Maharashtra Value Added Tax Act, 2002, Ch. XIV, s. 88(c)....


bona fide

bona fide [Latin, in good faith] 1 a : characterized by good faith and lack of fraud or deceit [a bona fide offer] b : valid under or in compliance with the law [retirement incentives made part of a bona fide employee benefit plan] 2 : made with or characterized by sincerity [a bona fide belief] 3 : being real or genuine [bona fide residents] ...


bond

bond 1 a : a usually formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure to perform or abstain will obligate the person or often a surety to pay a sum of money or will result in the forfeiture of money put up by the person or surety ;also : the money put up NOTE: The purpose of a bond is to provide an incentive for the fulfillment of an obligation. It also provides reassurance that the obligation will be fulfilled and that compensation is available if it is not fulfilled. In most cases a surety is involved, and the bond makes the surety responsible for the consequences of the obligated person's behavior. Some bonds, such as fidelity bonds, function as insurance agreements, in which the surety promises to pay for financial loss caused by the bad behavior of an obligated person or by some contingency over w...


gainsharing

gainsharing : incentive-based compensation that ties wage increases or bonuses to increased productivity rather than profit increases ...


Botargo

A sort of cake or sausage made of the salted roes of the mullet much used on the coast of the Mediterranean as an incentive to drink...


Incenter

The center of the circle inscribed in a triangle...


Incentively

Incitingly encouragingly...


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