profit sharing

noun

the sharing of profits, as between employer and employee, especially in such a way that the employee receives, in addition to wages, a share in the profits of the business.

Origin of profit sharing

First recorded in 1880–85

OTHER WORDS FROM profit sharing

prof·it·shar·ing, adjective

Words nearby profit sharing

profit and loss account, profit center, profit centre, profit margin, profit motive, profit sharing, profit squeeze, profit taking, profit warning, profit-sharing, profitable

Cultural definitions for profit sharing

profit sharing

Distributing the profits, or part of the profits, of a business to its employees.