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

Examples of fringe benefit in a Sentence

Recent Examples on the Web That this repackaging means opening Joyce up to new experience comes to seem like more than a fringe benefit. Daniel D'addario, Variety, 14 Mar. 2022 Perhaps relatability to players was a fringe benefit of the turnover. Nathan Baird, cleveland, 25 Nov. 2021 Taxes and fringe benefit costs would be subtracted from the $300, Poore said. Cynthia Howell, Arkansas Online, 20 July 2021 Often cases involving fringe benefit violations remain between the company and the Internal Revenue Service, and may just result in an audit or back taxes with a penalty being paid. chicagotribune.com, 2 July 2021 Often cases involving fringe benefit violations remain between the company and the Internal Revenue Service, and may just result in an audit or back taxes with a penalty being paid. Ken Sweet, Star Tribune, 2 July 2021 One fringe benefit, though, will be fewer major stars opting out at the conclusion of their teams’ regular season or after the conference championship game. Nathan Baird, cleveland, 17 June 2021 Yet, those structures were a fringe benefit compared to its main purpose: employment. Max Holleran, The New Republic, 15 June 2021 State support through the block grant and fringe benefit reimbursement will cover about 25% and other revenue sources, including fees, grants and contracts and research funds are expected to cover the rest. Amanda Blanco, courant.com, 14 June 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'fringe benefit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of fringe benefit

1948, in the meaning defined at sense 1

Learn More About fringe benefit

Time Traveler for fringe benefit

Time Traveler

The first known use of fringe benefit was in 1948

See more words from the same year

Dictionary Entries Near fringe benefit

fringe area

fringe benefit

fringe bush

See More Nearby Entries 

Statistics for fringe benefit

Cite this Entry

“Fringe benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fringe%20benefit. Accessed 7 Jul. 2022.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

More Definitions for fringe benefit

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

More from Merriam-Webster on fringe benefit

Thesaurus: All synonyms and antonyms for fringe benefit

Britannica.com: Encyclopedia article about fringe benefit

WORD OF THE DAY

Test Your Vocabulary

Odd Habits and Quirks

  • image1926873504
  • Which of the following best describes an easily irritated person?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!