noun a sum of money that is added to an existing amount or fund, typically as a bonus or incentive
In the finance industry, 'added money' refers to extra funds that are added to a financial transaction or investment, typically as a bonus or incentive.
In sports competitions, 'added money' can refer to bonus funds provided by sponsors or organizers to increase the overall prize pool and make the event more appealing to participants.
In gambling, 'added money' is additional prize money that is added to a pot or purse, often by the casino or event organizer, to increase the stakes and attract more participants.
In marketing campaigns, 'added money' may be used to describe promotional offers or discounts that provide customers with extra value or savings on their purchases.
In the writing industry, added money may refer to additional funds given to writers for completing specific tasks or projects. This can be in the form of bonuses, royalties, or advances on future work.
Psychologists may use the concept of added money in the context of financial incentives or rewards offered to participants in research studies or clinical trials. This can help increase participation rates and motivation among study subjects.
Athletes may receive added money in the form of performance bonuses, endorsement deals, or appearance fees. This extra income can incentivize athletes to perform better and achieve specific goals in their respective sports.
For business owners, added money may refer to additional capital injected into a company to support growth, expansion, or new initiatives. This can come from investors, loans, or profits reinvested back into the business.
In the entertainment industry, actors may negotiate added money clauses in their contracts for additional compensation based on box office performance, critical acclaim, or awards won for their performances. This can significantly boost their earnings on top of their base salary.