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Definition of "profit-sharing" [profit-sharing]

  • The fact or principle of the division of realized profits between the capitalist, the employer, and the employee, in addition to regular interest, salary, and wages. (noun)

The Century Dictionary (Public Domain)

Use "profit-sharing" in a sentence
  • "However, there are actually two kinds of defined benefit plans—one is called a money purchase plan, as shown in the chart above, and the other is called a profit-sharing plan, which limits your maximum deductible contribution to 13.04%."
  • "As soon as management made clear they were refusing labor's request for a larger slice of the pie -- in the form of profit-sharing or decent wages and benefits -- the lines were drawn."
  • "Both parties want to see a "gradual" increase in the role of Islamic banking—a financial concept that works around Islamic laws against charging interest through profit-sharing mechanisms."
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