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

With these figures at hand, GM directors sat down last week to do even more than President Roosevelt and his proposed tax on undivided profits would have them do.

From Time Magazine Archive

Heavy taxes on undivided profits, kept by companies beyond their "reasonable" needs, did not prevent a large amount of rich men's incomes from escaping surtaxes because the word "reasonable" was hard to define.

From Time Magazine Archive

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

From Time Magazine Archive

Last March capital was $25,000.000, surplus and undivided profits $87,000,000, total resources $833,000.000.

From Time Magazine Archive

The “Guaranty Trust Company”: Capital, reserves, and undivided profits, about $7,500,000 gold.

From The Philippine Islands by Foreman, John