Perquisite

Pronunciation

• US IPA: /ˈpɜɹkwÉ™zɪt/

Origin

From Medieval Latin perquisitum (something acquired for profit).

Full definition of perquisite

Noun

1. (mostly plural) Any monetary or other incidental benefit beyond salary.The perquisites of this job include health insurance and a performance bonus.
2. A gratuity.After the wonderful service that evening he didn’t hesitate in laying a substantial perquisite on the table.
3. A privilege or possession held or claimed exclusively by a certain person, group or class.Private jets and motor yachts are a perquisite of the rich.

Derived terms

• commonly abbreviated as perq or perk.