tronc

British  

/ trɒŋk /

noun

1. a pool into which waiters, waitresses, hotel workers, etc, pay their tips and into which some managements pay service charges for later distribution to staff by a tronc master , according to agreed percentages

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Etymology

Origin of tronc

C20: from French: collecting box

Example Sentences

The sale returned The Times to local control after a turbulent 18 years of ownership by Chicago-based Tronc.

From Los Angeles Times

Soon-Shiong, a biotech billionaire, did Los Angeles and the nation a huge favor by purchasing the Times from the publishing company then known as “Tronc” in 2018; since 2023, though, the Times has shed roughly a third of its newsroom in multiple rounds of layoffs, moves Soon-Shiong justified by noting that the paper could no longer afford to lose as much as $40 million per year.

From Slate

The middle section of the tower is called a “tronc” and is typically made up of broad-shouldered men who serve as the anchors, while lighter adults, and then children, make up the upper rings.

From Washington Post

Maharaj and Duvoisin are fired, though the paper’s corporate owner — at the time, Tronc — denies their departure is connected to how they handled Pringle’s reporting.

From Los Angeles Times

On Aug. 21, 2017, Justin Dearborn — chief executive of the Times parent company, which at that point was called Tronc — announced that Maharaj and Duvoisin had “left” the paper, along with several others.

From Los Angeles Times