Dictionary

fringe benefit

noun

: something extra (such as vacation time) that is given by an employer to workers in addition to their regular pay

Full Definition of FRINGE BENEFIT

1
:  an employment benefit (as a pension or a paid holiday) granted by an employer that has a monetary value but does not affect basic wage rates
2
:  any additional benefit <increased energy is a fringe benefit of regular exercise>

First Known Use of FRINGE BENEFIT

1948

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