Meaning of “spiff” in the English Dictionary

business-english dictionary

"spiff" in Business English

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spiffnoun [ C ]

also spif uk /spɪf/ us informal COMMERCE

an amount of money paid by an employer or the manufacturer of a product to a sales person for selling a particular product:

The company says it doesn't pay spiffs because the product is so good, they don't have to pay salespeople.

(Definition of “spiff” from the Cambridge Business English Dictionary © Cambridge University Press)