From Longman Business Dictionarybonus issueˈbonus ˌissueFINANCE when a company changes part of its RESERVES (=past profits that have not yet been paid out to shareholders) into share capital. This increases the number of shares held by each shareholder and reduces the value of each share, making them easier to buy and sellSYNSCRIP ISSUEThe board has proposed a bonus issue of one new share for each 10 shares held. → issue
