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.
- 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
More generally, across the economy, non-production-based bonuses, such as profit sharing, amount to barely 2% of total compensation.The biggest problem with capitalism? Not enough capitalists | jakemeth | November 21, 2020 | Fortune
By doing so, he thinks he can garner better profit-sharing agreements with Hollywood movie studios and hence higher profitability.
One of these he was to hunt himself, the other one Ed Matheson had agreed to hunt on a profit-sharing basis.The Gaunt Gray Wolf | Dillon Wallace
In this latter sense the relation of the carrier to its clients partakes of a profit-sharing arrangement.Railroads: Rates and Regulations | William Z. Ripley
Co-operation and profit-sharing are not the only means by which this might be realized.Contemporary Socialism | John Rae
In France profit-sharing has made a much greater progress, and ordinary co-operation has met with slight success.Famous Men and Great Events of the Nineteenth Century | Charles Morris
Strikes have almost ceased to exist in such institutions, and the future of profit-sharing is full of promise.Famous Men and Great Events of the Nineteenth Century | Charles Morris
British Dictionary definitions for profit-sharing
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
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.