# Sleeping money (bedroom rent; billet compensation; residence fee; overnight fee; sleeping money; sleeper’s premium)

- Canonical URL: https://www.gerhardmerk.de/sleeping-money-bedroom-rent-billet-compensation-residence-fee-overnight-fee-sleeping-money-sleepers-premium
- Post ID: 588662
- Modified: 2023-07-25T21:13:17+00:00
- Language: en

## Definition

In former times, the payment (usually due weekly) for board and lodging to a lodger who took guests into his household; usually so-called "sleepers" (paying tenants, lodger), namely wandering journeymen who worked for a local master for a time and were also partially fed there, but did not spend the night with the master. - For the forced accommodation of soldiers in private households, formerly paid by the army administration compensation, also called quarter money. - A tax formerly levied by cities and towns on visitors - often only Jews - for each day of their stay. - Fee for overnight stays in youth hostels. - A charge levied on the campsite operator at some campsites. - Means of payment in the possession of private households, namely - in old currency, and here again in particular with regard to coins and notes denominated in German marks, or - as now valid money, which is not put to any interest-bearing use, but is accumulated and stored in the domestic sphere, also called mattress money. - Maliciously also said of the salary of employees in some - especially state - bureaux. - Maliciously said also of the seat money, which is entitled to members of a committee, and which a meeting serves primarily to a (half) slumber (doze). - From around 2005, also used to refer to the high severance pay received by executives after they led the company close to insolvency. - In the course of the subprime crisis, the term was used to refer to the high bonuses received by bank executives as a reward, as it were, for incurring billions in losses and excusing themselves by saying that they had not kept track of what was going on. - See bank scolding, bed money, bonus, money, easy money, handshake, golden, low performer, presence money, quarter money, salami tactics, service money, shitstorm, seat money, synagogue money, board money. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0