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undivided profits

American  

plural noun

  1. earnings that have neither been distributed as dividends to stockholders nor transferred to the earned surplus account.


Example Sentences

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More than $5,000,000 was used this year for write-off and reserves and Mr. Baker proposed to draw on surplus and undivided profits for an additional $6,500,000.

From Time Magazine Archive

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

Under an undivided profits tax, the corporation might declare the same dividends with the result that it would have to pay 35% on the remaining $500,000.

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

It forbids corporate ownership of stock in a competing corporation, forbids interlocking directorates in large banks and in other competing corporations, with capital, surplus and undivided profits aggregating more than $1,000,000.

From Modern Economic Problems Economics Volume II by Frank Albert Fetter

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