Spiff (noun)

A bonus or commission, especially for salespeople.

Origin:

It is believed to have originated in the early 20th century and may have derived from the word spiffy, meaning smart or stylish.

Examples:

  1. He was promised a spiff for every sale he made this month.
  2. The company offered a spiff to employees who sold the most products.
  3. The salesperson was eligible for a spiff if they met their sales quota.
  4. The spiff was a way to motivate the sales team to work harder.
  5. The spiff was paid out in cash, it was a great way to supplement his salary.
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