| Dictionary (text version) | Products & Services | News | Support |
About | Contacts
|
|
|---|---|---|---|
Financial Glossary |
|
|
| Copyright © 2004 itlocus.com. All rights reserved | Privacy
Policy |
|
Profit Sharing Plan - A plan wherein the employees get a share in the profits of the company. The company decides what portion of the profit will be shared. Each employee then receives, into an account, a percentage of those profits based on their earnings. There are typically restrictions as to when and how you can withdraw these funds without penalties.