Taxable Income Definitions

1 words in this vocabulary list

noun a privilege, gain, or profit incidental to regular salary or wages; a bonus

  • The company offers various perquisites to its executives, such as a car allowance and stock options.
  • One of the job's perquisites is access to the company gym for free.
  • Getting free concert tickets is a cool perquisite of working in the music industry.
  • In the world of politics, having influential connections is considered a valuable perquisite.