profit sharing

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noun

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.

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His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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Origin of profit sharing

First recorded in 1880–85

OTHER WORDS FROM profit sharing

prof·it·shar·ing, adjective

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use profit sharing in a sentence

A few years back, designer John Galliano was fined by the government for sharing just such anti-semitic sentiments in public.
Politicians Only Love Journalists When They're Dead|Luke O’Neil|January 8, 2015|DAILY BEAST
Together, the teams are working 24 hours a day for a product that promises much higher risk than it does profit.
The Race for the Ebola Vaccine|Abby Haglage|January 7, 2015|DAILY BEAST
The rapid rise of the sharing economy is changing the way people around the world commute, shop, vacation, and borrow.
Why Do ‘Progressives’ Want to Ban Uber and AirBnB?|Adam Thierer, Christopher Koopman|December 30, 2014|DAILY BEAST
She is using this technique, which generations of African-Americans have used for survival, for fame and profit.
The Cultural Crimes of Iggy Azalea|Amy Zimmerman|December 29, 2014|DAILY BEAST

Marx forecast that the profit motive would lead to overworking and exhausting the fertility of our soil and other natural systems.
American Democracy Under Threat for 250 Years|Jedediah Purdy|December 28, 2014|DAILY BEAST
Nearly all our great intervales might be irrigated immensely to the profit of their cultivators.
Glances at Europe|Horace Greeley
There was a great comparing of papers, and turning over of leaves, by Fogg and Perker, after this statement of profit and loss.
The Posthumous Papers of the Pickwick Club, v. 2(of 2)|Charles Dickens
My children, keep discipline in peace: for wisdom that is hid, and a treasure that is not seen, what profit is there in them both?
The Bible, Douay-Rheims Version|Various
It means enough not to satisfy them, and to leave the selling price of the things made at the point of profit.
The Unsolved Riddle of Social Justice|Stephen Leacock
Only I fear they will not profit us much; for if my eyes deceive me not, both are already captured.
Blackwood's Edinburgh Magazine, Volume 60, No. 372, October 1846|Various

British Dictionary definitions for profit sharing

profit-sharing

noun

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

Cultural definitions for profit sharing

profit sharing

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