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Legal Definitions - reward
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Definition of reward
Definition: A reward is something valuable, usually money, that is given in exchange for a service or achievement. For example, if someone finds a lost item and returns it to the owner, the owner may offer a reward as a way of saying thank you. Rewards can also be given for providing information that leads to the capture of a criminal.
Examples:
- A company may offer a bonus as a reward for employees who meet or exceed their sales targets.
- A lost dog poster may offer a reward for anyone who finds and returns the dog to its owner.
- A government agency may offer a reward for information that leads to the arrest of a wanted criminal.
These examples illustrate how a reward is given as a way of recognizing and incentivizing a desired behavior or outcome. In each case, the reward serves as a motivator for the person to take action and achieve a specific goal.
You win some, you lose some, and some you just bill by the hour.
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Simple Definition
Reward: A prize or gift given to someone for doing something good or helpful. It can be money or something else valuable. For example, if you find a lost item and return it to its owner, they might give you a reward as a way of saying thank you.
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