gratuity

US /ɡrəˈtuː.ə.t̬i/
UK /ɡrəˈtuː.ə.t̬i/
"gratuity" picture
1.

a small payment, especially one given to a servant or attendant for a service; a tip

:
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The waiter received a generous gratuity for his excellent service.
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A 15% gratuity was added to the bill.
:
tipbonuspresentgiftreward
2.

a payment made to an employee at the end of a period of employment, especially on retirement, as a recognition of service

:
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Upon retirement, he received a substantial gratuity from the company.
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The company offers a generous gratuity package to long-serving employees.
:
severance paypensionbonusallowancepayment