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profit sharing
(redirected from Profit sharing plan)

   Also found in: Medical, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
profit sharing
n.
A system by which employees receive a share of the profits of a business enterprise.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.profit sharing - a system in which employees receive a share of the net profits of the business
share, percentage, portion, part - assets belonging to or due to or contributed by an individual person or group; "he wanted his share in cash"


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Many companies prefer to use a profit sharing plan rather than a pension plan because it provides greater flexibility.
 
 
 
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