Gratuity Definition & Meaning - Merriam-Webster
The meaning of GRATUITY is something given voluntarily or beyond obligation usually for some service; especially : tip. How to use gratuity in a sentence. Gratuity vs. Tip.
What is Gratuity? Meaning, Eligibility Criteria ...
Sep 20, 2019 · The dictionary meaning of the term ‘ gratuity’ is a sum of money given voluntarily as a token of appreciation or goodwill for services rendered. Basically, it is extra money given above regular dues and the amount of gratuity is at the discretion of the giver.
GRATUITY | English meaning - Cambridge Dictionary
a small amount of money for someone who has provided you with a service, in addition to the official amount and for their personal use: The guides sometimes receive gratuities from the …
Gratuity – Meaning, Formula, Calculation and Taxation Rules
Mar 15, 2021 · What is gratuity? Gratuity is the amount employees receive as a part of their gross compensation from their employer. It’s regulated under the Payment of Gratuity Act, 1972, and is offered as a token of appreciation for an employee’s services to the company.
GRATUITY | definition in the Cambridge English Dictionary
a small amount of money for someone who has provided you with a service, in addition to the official amount and for their personal use: The guides sometimes receive gratuities from the …
Gratuity - Wikipedia
A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service.
GRATUITY definition and meaning | Collins English Dictionary
A gratuity is a large gift of money that is given to someone when they leave their job, especially when they leave the armed forces.