profit sharing
Pronunciation
/pɹˈɑːfɪt ʃˈɛɹɹɪŋ/

Definition & Meaning of "profit sharing"in English

Profit sharing
01

a business arrangement in which a company distributes a portion of its profits to its employees or other stakeholders

Grammatical Information
Animacy status
Abstract
Composition
Compound
Countable
Plural form
profit-sharing arrangements
Examples
The company introduced a profit-sharing plan to reward employees.
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