undivided profits

noun plural

Legal Definition of undivided profits

: earnings of a business that have been retained instead of being distributed to stockholders or owners or designated as surplus — compare surplus sense 2

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“Undivided profits.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/undivided%20profits. Accessed 20 Feb. 2020.

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