Meaning of “profit sharing” in the English Dictionary

british dictionary

"profit sharing" in British English

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profit sharingnoun [ U ]

uk /ˈprɒf.ɪt ˌʃeə.rɪŋ/ us /ˈprɑː.fɪt ˌʃer.ɪŋ/

the system of sharing the profits that a company makes between all the people who work for it

(Definition of “profit sharing” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"profit sharing" in American English

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profit sharingnoun [ U ]

us /ˈprɑf·ɪt ˌʃeɑr·ɪŋ/

a system in which the people who work in a company are given part of the profits in addition to their regular pay

(Definition of “profit sharing” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"profit-sharing" in Business English

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profit-sharingnoun [ U ]

also profit sharing uk us

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

(Definition of “profit-sharing” from the Cambridge Business English Dictionary © Cambridge University Press)

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