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