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profit sharing

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noun
  1. 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 formsprof·it·shar·ing, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for profit-sharing

Historical Examples

  • Distribution: system of property, transmission, contracts, profit-sharing.

    Introduction to the Study of History

    Charles V. Langlois

  • I don't understand about profit-sharing; I have no head for that sort of thing.

    The Devil's Pool

    George Sand

  • Profit-sharing is a contract made in advance, not a free gift.

  • Describe any case of profit-sharing you may have seen in operation.

  • There was an end of his profit-sharing, and all the recriminations which were involved in it.

    Pelle the Conqueror, Complete

    Martin Anderson Nexo


British Dictionary definitions for profit-sharing

profit-sharing

noun
  1. 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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

profit-sharing in Culture

profit sharing

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

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