Dictionary

profit sharing

noun

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

Full Definition of PROFIT SHARING

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

First Known Use of PROFIT SHARING

1881

Rhymes with PROFIT SHARING

Browse

Next Word in the Dictionary: profit systemPrevious Word in the Dictionary: profit marginAll Words Near: profit sharing
ADVERTISEMENT
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears