BOUNTY, in commerce, a premium paid by the government to the exporters of certain British commodities, as sail-cloth, gold and silver lace, silk stockings, fish, corn, &c.
The happy influence which bounties have on trade and manufactures is well known: Nor can there be a more convincing proof of the good intentions of the government under which we live, than the great care that is taken to give all possible encouragement to those who shall establish, or improve, any hazardous branch of trade.