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

Example sentences from the Web for profit-sharing

British Dictionary definitions for profit-sharing

profit-sharing

noun

a system in which a portion of the net profit of a business is distributed to its employees, usually in proportion to their wages or their length of service

Cultural definitions for profit-sharing

profit sharing

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