A "terminal bonus" is a sum of money that is given as an extra payment at the end of a certain period, such as when a person's work or investment comes to an end.
Sentences with «terminal bonus»
This plan will also cover the life of the insurer and at the end years your kid will get lump - sum amount in 4 installments with final terminal bonus if any. (mydailylifetips.com)
The Company may declare a discretionary terminal bonus which is payable on death or maturity of the plan. (comparepolicy.com)
You may also receive non guaranteed terminal bonus either on death or maturity. (bharti-axalife.com)