noun
New Year's money gift; money to tide one over the New Year
A traditional monetary gift given at the end of the year, originally to help cover New Year's expenses such as buying mochi. Now often used as a year-end bonus or allowance.
年末に、おじいちゃんから餅代をもらった。
At the end of the year, I received New Year's money from my grandfather.
会社から餅代として寸志が出た。
The company gave a small bonus as New Year's money.