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

It makes sixteen per cent. a year dividends, and has millions of dollars surplus in its treasury—undivided profits!

From Project Gutenberg

He explained to them in detail the bigness of the Eureka Tack Manufacturing Company, its enormous undivided profits, its tremendous yearly dividends, the fabulous price at which its stock was quoted, with none for sale; and all this gigantic business built upon a simple tack!—Gentlemen, not nearly, not nearly so attractive and so profitable an article of commerce as this perfect little convenience held before them.

From Project Gutenberg

In the case of six recent failures, the figures of total liabilities, less capital, surplus, and undivided profits, are used in lieu of the "claims proved," no report of the latter having yet been received as to these six banks.

From Project Gutenberg

The remaining portion, the undivided profits, is the fund from which, after payment of current expenses and of any losses which may occur, the next dividend to the stockholders will be made.

From Project Gutenberg

The current expenses are for the present entered on the other side of the account, as they represent a certain amount of cash which has disappeared; but at the periodical settlement of accounts they must be deducted from the undivided profits, and will thus drop out from the statement.

From Project Gutenberg