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profit sharing

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
Related forms
profitsharing, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for profit sharing
Historical Examples
  • There are various methods of increasing earnings by profit sharing.

    A Rational Wages System Henry Atkinson
  • The introduction of various forms of profit sharing will give something of this character to commercial companies.

    The Group Mind William McDougall
  • I believe that a system of profit sharing can be devised which will bring management and labour into a sensible partnership.

  • Still another may approach the ideal by means of profit sharing, bonuses, and other such emoluments.

    Analyzing Character Katherine M. H. Blackford and Arthur Newcomb
  • Increase in wages will not be the remedy, but only profit sharing.

    The Psychology of Nations G.E. Partridge
  • It differs from profit sharing in that it depends on quantity of work done and not on profit made.

    A Rational Wages System Henry Atkinson
  • It also features a profit sharing rebate scheme, whereby purchasers receive a coupon representing 10 per cent.

  • We are away beyond being shocked at profit sharing, and even sharing in control of administration and that sort of thing.

    To Him That Hath Ralph Connor
profit sharing in Culture

profit sharing definition

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

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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