define spiff - MARKETS
titivate, spruce up, smarten up, or spiff up? Titivate, spruce, smarten, and spiff all mean "to make a person or thing neater or more attractive." SPIFF definition: to make spiffy (usually followed byup ). See examples of spiff used in a sentence.
Understanding the Context
A spiff, or spiv, is slang for an immediate bonus for a sale. Typically, spiffs are paid, either by a manufacturer or employer, directly to a salesperson for selling a specific product. SPIFF is simply a variant spelling of SPIF, but the meaning is the same. The spelling “SPIFF” has gained popularity in some industries (especially in retail and tech), but SPIF remains the more correct, formal acronym since it represents Sales Performance Incentive Fund.
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Key Insights
SPIF vs. SPIFF: Which Sales Term Is Correct and What’s the ... Noun spiff (countable and uncountable, plural spiffs) (uncountable) Attractiveness or charm in dress, appearance, or manner. A fresh coat of paint would really spiff the place up. The company is trying to spiff up [= improve] its image.
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SPIFF meaning: an amount of money paid by an employer or the manufacturer of a product to a sales person for…. Learn more.