Legal Definition and Related Resources of Bounty
Meaning of Bounty
An additional benefit conferred upon, or a compensation paid to, a class of persons. It differs from a reward, which is usually applied to a sum paid for the performance of some specific act to some person or persons. It may or may not be part of a contract. Thus, the bounty offered a soldier would seem to be part of the consideration for his services. The bounty paid to fishermen is not a consideration for any contract, however.
What does Bounty mean in American Law?
The definition of Bounty in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
In ordinary langauge, a gift, especially one from someone higher in some hierarchy to an inferior. In most legal contexts, a reward promised or paid for doing an act desired by the donor, e.g., a payment made to one who signs up for the army, or for each predator (human or animal) captured or killed. See also reward.
Browse
You might be interested in these references tools:
| Resource | Description |
|---|---|
| Bounty in the Dictionary | Bounty in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Bounty |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Bounty in the World Encyclopedia of Law |
Notice
This definition of Bounty Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..
Vocabularies (Semantic Web Information)
| Resource | Description |
|---|---|
| Topic Map | A group of names, occurrences and associations |
| Topic Tree | A topic display format, showing the hierarchy |
| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/bounty/ | The URI of Bounty (more about URIs) |
Synonyms of Bounty
noun
- award
- benefaction
- benevolence
- bonanza
- bonus
- boon
- cadeau
- conferment
- emolument
- favor
- gift
- grant
- gratification
- gratuity
- guerdon
- handsel
- honorarium
- largess
- largitas
- liberalitas
- perquisite
- pourboire
- premium
- prize
- reward
- reward for service
- tip
- token
- tribute
- Associated Concepts: bounty lands
Bounty in Global Commerce Policy
In this regard, bounty is: a subsidy available to domestic producers, usually to help an ailing industry. The entries on trade policy are here. It can be aimed at bridging the gap between domestic and imported prices of a manufacture (e.g. shipbuilding), or the use of a specified input in a production process (i.e. superphosphate for agriculture). Many prefer bounties to tariffs as a method for supprting or protecting industries because the amount paid, and therefore the cost to other industries and consumers, is clearly evident. Budgetary pressures are likely to keep bounties in check. The entries on trade policy are here. Another argument is that bounties can be targeted more accurately, and they do not become a charge on inputs to other industries except through the general taxation system. See also protection and subsidies.[1]
Bountyin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Bounty” entry (OAS)
Leave a Reply