condolence money; bereavement payment
A sum of money given to the family of a deceased person as an expression of sympathy, often in a formal or workplace context.
Condolence money was provided to the bereaved family by the company.
Compound of 弔 (condolence) + 慰 (comfort) + 金 (money). The exact historical derivation is uncertain, but the word is a straightforward Sino-Japanese formation.