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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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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

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

Early last year he put forward his undivided profits tax on corporations.

From Time Magazine Archive

A late June statement showed deposits of $76,589,035.84, undivided profits of $886,351.04.

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 Charles F. (Charles Francis) Horne

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