profit sharing

noun

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

Examples of profit sharing in a Sentence

Recent Examples on the Web Every employee who launches a new venture receives a cash bonus and profit sharing once the product is live. Alexandre Bonvin, Forbes, 23 Oct. 2024 Coaching companies are handling the account management, tooling and lead acquisition so coaches expect profit sharing. Chelsea Seid, Forbes, 13 Sep. 2024 Last month, the airline offered flight attendants a new contract with an immediate 17% wage increase and higher profit sharing in 2024, which the union rejected. Reuters, CNN, 19 July 2024 That’s also included a profit sharing model in which participating players share in 1 percent of the net ticketing revenue, in exchange for using their name, likeness and social media channels to support marketing initiatives. Caitlin Huston, The Hollywood Reporter, 3 July 2024 See all Example Sentences for profit sharing 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'profit sharing.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1872, in the meaning defined above

Time Traveler
The first known use of profit sharing was in 1872

Dictionary Entries Near profit sharing

Cite this Entry

“Profit sharing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20sharing. Accessed 31 Oct. 2024.

Legal Definition

profit sharing

noun
profit shar·​ing
: a plan under which employees receive a part of the profits of an enterprise

More from Merriam-Webster on profit sharing

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