profit sharing

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

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.