- 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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for profit-sharing
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
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
- 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
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.