A bounty is money that is offered as a reward for doing something, especially for finding or killing a particular person. They paid bounties for people to give up their weapons. a British naval ship on which there was a famous mutiny (=when the ordinary sailors take control of a ship by force) in the Pacific Ocean in 1789. The sailors, led by an officer called Fletcher Christian, took power from Captain William Bligh, and made him leave in a small boat
a ship of the British navy; in 1789 part of the crew mutineed against their commander William Bligh and set him afloat in an open boat generosity evidenced by a willingness to give freely payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
Some tournaments offer small amounts of cash - bounties - to anyone who knocks out another player in the tournament This is typically in low buy-in tournaments, and the size of the bounty is usually fairly small (since as many bounties as the number of entrants might be awarded)