ex gratia payment
A payment made (for example, by an employer to an employee) where there is no contractual requirement to do so.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • ex gratia payment — ➔ payment …   Financial and business terms

  • ex-gratia payment — savanoriškas mokėjimas statusas T sritis Gynyba apibrėžtis Mokėjimas, vykdomas nesilaikant administracinių taisyklių arba ne už teisines ar administracines prievoles, siekiant išvengti galimų brangesnių veiksmų vėlesniu laikotarpiu. atitikmenys:… …   Lithuanian dictionary (lietuvių žodynas)

  • ex gratia payment — Payment made by one who recognizes no legal obligation to pay but who makes payment to avoid greater expense as in the case of a settlement by an insurance company to avoid costs of suit. A payment without legal consideration …   Black's law dictionary

  • ex gratia payment — Payment made by one who recognizes no legal obligation to pay but who makes payment to avoid greater expense as in the case of a settlement by an insurance company to avoid costs of suit. A payment without legal consideration …   Black's law dictionary

  • ex gratia payment — /eks ˌgreɪʃə peɪmənt/ noun a payment made as a gift, with no other obligations …   Marketing dictionary in english

  • ex gratia payment — /eks ˌgreɪʃə peɪmənt/ noun a payment made as a gift, with no other obligations …   Dictionary of banking and finance

  • Ex gratia — (sometimes ex gratia ) is Latin (lit. by favour) and is most often used in a legal context. When something has been done ex gratia , it has been done voluntarily, out of kindness or grace. In law, an ex gratia payment is a payment made without… …   Wikipedia

  • ex-gratia — UK US (also ex gratia) /eksˈgreɪʃə/ adjective FORMAL ► an ex gratia payment is not legally necessary, but is made to show good intentions: »an ex gratia payment/sum ex gratia adverb ► »The bank did pay me £100 ex gratia …   Financial and business terms

  • ex gratia — ex gra‧tia [ˌeks ˈgreɪʆə] adjective, adverb an ex gratia payment or amount is one made to help someone or as a gift, not because you have a legal duty to make it: • The government announced that it would make ex gratia payments to all investors… …   Financial and business terms

  • ex gratia — ex gra|tia [ˌeks ˈgreıʃə] adj formal an ex gratia payment is one that is made as a gift, and not as a legal duty ▪ an ex gratia payment of £15,000 …   Dictionary of contemporary English

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