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- nounformalperquisite (noun) · perquisites (plural noun)
- another term for perk
- a thing regarded as a special right or privilege enjoyed as a result of one's position:"the wife of a president has all the perquisites of stardom"
- historicala thing that has served its primary use and is then given to a subordinate or employee as a customary right.
Originlate Middle English: from medieval Latin perquisitum ‘acquisition’, from Latin perquirere ‘search diligently for’, from per- ‘thoroughly’ + quaerere ‘seek’.
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- A perquisite is a benefit, privilege, or gain that is given to an employee in addition to salary or wages12345. Perquisites can be taxable or exempt, and can include things like company car, fuel reimbursement, interest-free loan, medical facilities, credit cards, accommodation, etc.35. Perquisites are sometimes expected or promised as part of the employment contract4. Perquisites can also mean something that is claimed as an exclusive right or possession24.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.perquisite an extra profit; privilege, or allowance in addition to a main income: perquisite payment in stock options; a customary privilege, such as a gratuity or tipwww.thefreedictionary.com/perquisitean incidental payment, benefit, privilege, or advantage over and above regular income, salary, or wages: Among the president's perquisites were free use of a company car and paid membership in a country club. a gratuity or tip. something demanded or due as a particular privilege: homage that was once the perquisite of royalty.www.dictionary.com/browse/perquisite
Perquisite is defined as a privileged gain or profit incidental to regular salary. Perquisites are both taxable and exempt. Perquisites can be simple as company car, fuel reimbursement etc. or may also include interest-free loan, medical facilities, credit cards, accommodation sponsored by the company, etc.
www.paisabazaar.com/salary/perquisites/: a privilege, gain, or profit incidental to regular salary or wages especially : one expected or promised 2 : gratuity, tip 3 : something held or claimed as an exclusive right or possessionwww.merriam-webster.com/dictionary/perquisite“Perquisite” may be defined as any casual emolument or benefit attached to an office or position in addition to salary or wages. Value of rent-free/accommodation provided by the employer.
incometaxindia.gov.in/Booklets%20%20Pamphlets/… Explore further
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