KJV Dictionary Definition: devour devour. DEVOUR, v.t. L., to eat. 1. To eat up; to eat with greediness; to eat ravenously, as a beast of prey, or as a hungry man. We will say, some evil beast hath devoured him. Genesis 37. In the morning, he shall devour the prey. Genesis 49. 2. To destroy; to consume with rapidity and violence.
For more wide-ranging programs, such as managersâ spot awards, peer recognition, and other incentives for exhibiting organizational values, Dittman estimates the annual spend should be between $12 and $64 per employee annually, depending on thevariety of the offerings.
However let us look at how the incentive fee, which will now be due, will be calculated. The incentive fee should be 20% of the gross profit of US$32, which is US$6.40, or US$3.20 per share. Thus the gross NAV of US$240 less the incentive fee of US$6.40, results in a net NAV of US$233.60, or US$116.80 per share.