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terminal bonus

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Translations
terminal bonus
n (Insur) → Zusatzdividende f (fällig bei Vertragsablauf)


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the payout would be the sum insured plus the total of bonuses issued during its term, plus a terminal bonus.
You'll find that despite the credit crunch, many investors are still eager to buy them for that terminal bonus.
He also explained that the company managing the investments, Pearl, held some cash back in good years to be able to pay bonuses in bad years, and that there would be a terminal bonus when the endowment came to an end.
 
 
 
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