gratuity


gra·tu·ity

noun \grə-ˈtü-ə-tē, -ˈtyü-\

: an amount of money given to a person (such as a waiter or waitress) who has performed a service

: an amount of money given to a retiring soldier or employee

plural gra·tu·ities

Full Definition of GRATUITY

:  something given voluntarily or beyond obligation usually for some service; especially :  tip

Examples of GRATUITY

  1. A 15 percent gratuity is automatically added to the restaurant bill.
  2. <for parties of eight or more, we automatically add a 15% gratuity onto the bill>

First Known Use of GRATUITY

1540

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

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