undivided profits

American  

plural noun

1. earnings that have neither been distributed as dividends to stockholders nor transferred to the earned surplus account.

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Example Sentences

See Examples For:

undivided profits

More than $5,000,000 was used this year for write-off and reserves and Mr. Baker proposed to draw on surplus and undivided profits for an additional $6,500,000.

From Time Magazine Archive

To handle increasing inventories and new expansion without suffering under the undivided profits tax, Abbott stockholders last week authorized issuance of 50,000 shares of $100 preferred stock, of which only 20,000 will be issued immediately.

From Time Magazine Archive

With these figures at hand, GM directors sat down last week to do even more than President Roosevelt and his proposed tax on undivided profits would have them do.

From Time Magazine Archive

Last March capital was $25,000.000, surplus and undivided profits $87,000,000, total resources $833,000.000.

From Time Magazine Archive

Then came the cashier's turn, and easy-going Mr. Edlinger rubbed his nose and polished his glasses nervously under the quick fire of questions concerning the circulation, undivided profits, bank real estate, and stock ownership.

From Roads of Destiny by O. Henry

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