Ballentine's law dictionary. Anderson, W.S.. 1998.
Profit-Sharing Plan — A plan that gives employees a share in the profits of the company. Each employee receives a percentage of those profits based on the company s earnings. Also known as deferred profit sharing plan or DPSP . This is a great way to give employees a… … Investment dictionary
profit-sharing plan — An incentive system providing that employees share in company s profits through a cash fund or a deferred plan used to buy stock or bonds. Bloomberg Financial Dictionary … Financial and business terms
Deferred Profit Sharing Plan - DPSP — An employer sponsored Canadian profit sharing plan that is registered with the Canadian Revenue Agency. On a periodic basis, the employer shares the profits made from the business with all employees or a designated group of employees. Employees… … Investment dictionary
Profit sharing — Profit sharing, when used as a special term, refers to various incentive plans introduced by businesses that provide direct or indirect payments to employees that depend on company s profitability in addition to employees regular salary and… … Wikipedia
profit sharing — profitsharing, adj. the sharing of profits, as between employer and employee, esp. in such a way that the employee receives, in addition to wages, a share in the profits of the business. [1880 85] * * * System by which employees are paid a share… … Universalium
profit-sharing — UK US (also profit sharing) noun [U] ► HR a system by which employees receive a part of the profits of a business: »The company s costs increased due to higher employee profit sharing. »a profit sharing agreement/plan/scheme … Financial and business terms
profit sharing — profit shar·ing n: a plan under which employees receive a part of the profits of an enterprise Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Profit-sharing agreement (USA) — A profit sharing agreement in the United States is the agreement that establishes a pension plan maintained by the employer to share its profits with its employees.HistoryA profit sharing agreement used to be supplemental to a type of pension… … Wikipedia
employee profit-sharing — emˌployee ˈprofit sharing noun [uncountable] HUMAN RESOURCES 1. another name for employee ownership: • The employee profit sharing plan holds about a 45% stake in the company. 2. a way of rewarding workers who have helped a company achieve high… … Financial and business terms
profit-sharing scheme — A scheme by which employees share in the profits of a business, usually through some type of share ownership. See employee share ownership plan; employee share ownership trust; savings related share option scheme; share option See also gain… … Big dictionary of business and management
