profit sharing

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Related to Profit sharing plan: Deferred Profit Sharing Plan

profit sharing

n.
A system by which employees receive a share of the profits of a business enterprise.

prof′it shar`ing


n.
the sharing of a portion of the profits from a business with employees, who receive it in addition to wages.
[1880–85]
prof′it-shar`ing, adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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"
Translations
References in periodicals archive ?
Southwest was the first in the industry to offer a profit sharing plan, and this is the company's 40th consecutive payment.
For 2008, there were 5,739 eligible employees in Baldor's profit sharing plan and the average contribution was approximately 3.
Y borrowed $20,000 front the X money purchase pension plan, which later merged into the X profit sharing plan.
Today Baldor announced the results of its 2007 employee profit sharing plan contribution.