distributable profit Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “distributable profit” in the English Dictionary

"distributable profit" in Business English

See all translations

distributable profitnoun [C, usually plural]

uk   us   also distributable reserve, also distributable surplus
ACCOUNTING, FINANCE the amount of a company’s profit that is available to pay dividends to shareholders in a particular period: The Companies Act only allows dividends to be paid out of a company’s distributable profits. Distributable surplus for the current year totaled $363 million as compared to $417 million for the previous year. Recent losses mean the company has no distributable reserves, making a payout to shareholders illegal under rules designed to protect creditors.
(Definition of distributable profit from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of distributable profit?
Add Cambridge dictionaries to your browser to your website
Avoiding common errors with the word enough.
Avoiding common errors with the word enough.
by ,
May 25, 2016
by Liz Walter Enough is a very common word, but it is easy to make mistakes with it. You need to be careful about its position in a sentence, and the prepositions or verb patterns that come after it. I’ll start with the position of enough in the sentence. When we use it with a noun,

Read More 

Word of the Day

ultraviolet

Ultraviolet light has a wavelength that is after the violet (= light purple) end of the range of colours that can be seen by humans. Light of this type causes the skin to become darker in the sun.

Word of the Day

convo noun
convo noun
May 23, 2016
informal a conversation The convo around concussions mostly focuses on guys who play football, but Chastain thinks that this whole thing could be a headache for women too.

Read More