Non-porcelain, ceramic tile is among the most economical types of tile flooring. Porcelain ceramic flooring is more expensive than non-porcelain and can be harder to work with. However, it offers greater durability, natural stain resistance, minimal water absorption, and through-bodied color.
Princeton's WordNet (0.00 / 0 votes) Rate this definition: fringe benefit, perquisite, perk (noun). an incidental benefit awarded for certain types of employment (especially if it is regarded as a right). a limousine is one of the fringe benefits of the job.
Â§1.61-21(b) The taxable amount of a benefit is reduced by any amount paid by or for the employee. For example, an employee has a taxable fringe benefit with a fair market value of $3.00 per day. If the employee pays $1.00 per day for the benefit, the taxable fringe benefit is $2.00 per day. Special valuation rules apply for certain fringe benefits.