perquisite


per·qui·site

noun \ˈpər-kwə-zət\

Definition of PERQUISITE

1
:  a privilege, gain, or profit incidental to regular salary or wages; especially :  one expected or promised
2
:  gratuity, tip
3
:  something held or claimed as an exclusive right or possession

Examples of PERQUISITE

  1. Use of the company's jet is a perquisite of the job.
  2. <give the movers a perquisite if they do a good job>

Origin of PERQUISITE

Middle English, property acquired by means other than inheritance, from Anglo-French perquisit, Medieval Latin perquisitum, from neuter of perquisitus, past participle of perquirere to purchase, acquire, from Latin, to search for thoroughly, from per- thoroughly + quaerere to seek
First Known Use: 15th century

Related to PERQUISITE

Other Business Terms

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

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