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

This merger, with $10,000,000 of capital surplus and undivided profits, will have total resources of over $119,000,000.

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

Compared to these burdensome taxes, with their low yield, the President's tax on undivided profits seemed the least of many evils.

From Time Magazine Archive

Combined capital of the two banks is $38,500,000; combined surplus and undivided profits are $53,082,662 ; combined total resources $726,399,324.

From Time Magazine Archive

The weather was cold and rainy, the temptation of securing comfortable quarters and the undivided profits of the sack irresistible.

From The Great Events by Famous Historians, Volume 08 The Later Renaissance: from Gutenberg to the Reformation by Horne, Charles F. (Charles Francis)