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Profit Share |
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Profit Share
(Russian tant’ema, from French tantième), one of the forms of compensation paid out of profits to the board members and managers of joint-stock companies, insurance companies, banks, and other capitalist enterprises. The profit share is usually fixed at a certain percentage of net earnings. The use of the profit share has become especially widespread during the epoch of imperialism. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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