Bonus money
Bonus means an amount of money that is paid to a person upon entering into a contract .
In the past, this often involved the symbolic payment of a small amount of money when a contract was concluded verbally. Hand money was also paid when recruiting soldiers. For example, Friedrich II of Hessen-Kassel paid hand money when recruiting soldiers for the English crown in the form of star coins .
Nowadays the term hand money mostly refers to employment contracts and means the sum of money that is paid to the person hiring out when the contract is signed. This bonus can also be a large amount; it is usually no longer paid in cash "on hand".
When it comes to professional footballers who can transfer free of charge, the term hand money is particularly frequent . The bonus money can be offered by another club to make the change there attractive to him, but it can also be paid by the old club so that he can extend his contract there. With top players, cash in the millions is often paid. These often spectacular contracts deal with the mass media and today shape the meaning of the term as typical of football.
But a clergyman's disposal fund is also called hand money. The fund should z. B. Help pastors to provide unbureaucratic help in emergencies. The payment of a premium for the settlement or non-departure of a company by a local authority as well as a down payment for a goods sales contract and in real estate trading are also referred to as hand money.
Individual evidence
- ↑ Wolfgang Eichelmann: Hessian coins and medals - thoughts and reflections on coins and medals of the House of Brabant , Hamburg 2010: Die Sterntaler Friedrichs II.