fringe benefit

noun

Definition of fringe benefit

1 :an employment benefit (such 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


FRINGE BENEFIT Defined for English Language Learners

fringe benefit

noun

Definition of fringe benefit for English Language Learners

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


Law Dictionary

fringe benefit

noun

legal Definition of fringe benefit

:an employment benefit (as a pension, a paid holiday, or health insurance) granted by an employer that has a monetary value but that does not affect basic wage rates

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