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Definition of bunce

bunce

noun

  • An illicit profit or gain; benefit not accounted for in accounts or for tax purposes.

    "manager's bunce": Profit in cash or other benefit made outside normal accounting rules, eg from unrecorded transactions, inflation of selling price or deflation of buying price.

    Last edited on Mar 05 2010. Submitted by Tinkerbell from Wiltshire, UK on Mar 05 2010.

  • A windfall, often unexpected, usually from organized, ongoing but short term, illicit activity. The continued product of marginal or illicit schemes for gain. Term used among the lower classes in England. A slave trading island offshore from Sierra Leone was named Bunce Island and is now a protected heritage site.

    Last edited on Mar 31 2012. Submitted by Anonymous on Mar 02 2012.

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