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profit sharing

noun

Simple Definition of profit sharing

  • : a system in which employees receive a part of the company's profits

Source: Merriam-Webster's Learner's Dictionary

Full Definition of profit sharing

  1. :  a system or process under which employees receive a part of the profits of an industrial or commercial enterprise

1881

First Known Use of profit sharing

1881

Rhymes with profit sharing


Law Dictionary

profit sharing

noun profit shar·ing

Legal Definition of profit sharing

  1. :  a plan under which employees receive a part of the profits of an enterprise




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