The meaning of GRATUITY is something given voluntarily or beyond obligation usually for some service; especially : tip. How to use gratuity in a sentence. Gratuity vs. Tip.

This gratuity calculator estimates the amount of gratuity you will get when you retire, resign, or terminate your employment.

Jul 13, 2025 · One can consider it to be a financial “ Thank you ” gift from the employer to an employee as a reward for long-term service, typically after five years, under the Payment of Gratuity Act, 1972. …

GRATUITY definition: a gift of money, over and above payment due for service, as to a waiter or bellhop; tip. See examples of gratuity used in a sentence.

May 13, 2025 · Gratuity is a financial reward paid to employees who have rendered continuous service for at least five years with the same employer. It is a lump sum amount usually given at the time of …

A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the …

Dec 10, 2025 · Gratuity, in its purest sense, is a voluntary financial expression of appreciation given directly to a service provider. This practice acknowledges service beyond the basic exchange of …

/ ɡrəˈtu·ɪ·t̬i / Add to word list an amount of money given as a reward for a service; tip (Definition of gratuity from the Cambridge Academic Content Dictionary © Cambridge University Press)

Jun 14, 2024 · What is Gratuity? Gratuity, often referred to as a gratuity payment or gratuity benefit, is a form of monetary reward or compensation provided by employers to employees as a token of …

Mar 15, 2021 · Gratuity constitutes a small part of employee compensation. In this article, we’ll detail everything about gratuity—its meaning, eligibility criteria, calculation formulas, and taxation rules.