fringe benefit

noun
Updated on: 7 Dec 2017

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

Recent Examples of fringe benefit from the Web

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


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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