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profit sharing

noun
1.
the sharing of profits, as between employer and employee, especially in such a way that the employee receives, in addition to wages, a share in the profits of the business.
Origin
1880-1885
1880-85
Related forms
profitsharing, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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pro-fit sharing in Culture

profit sharing definition


Distributing the profits, or part of the profits, of a business to its employees.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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