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Profit sharing

Profit sharing, means a agreement (formal or infor-mal) freely entered into, by which the employees receive a share, kind

Profit and Loss

Profit and Loss, the gain or loss arising from goods bought or sold, or from carrying on any other

Capitation fee, Profiteering

Capitation fee, Profiteering', though private institution has right to fix its own fee structure there can be no profiteering and capitation

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profit sharing

profit sharing : a plan under which employees receive a part of the profits of an enterprise

gross profit

gross profit Net sales minus the cost of goods sold

undivided profits

undivided profits : earnings of a business that have been retained instead of being distributed to stockholders or owners or

Profit of prendre

Profit of prendre, means benefit arising out of land, Ananda Behera v. State of Orissa, AIR 1956 SC 17.

net profit before taxes

net profit before taxes Net sales or total receipts of a business minus all expenses except taxes

non profit making

not commercially motivated not profit making nonprofit not for profit

Not involving the carrying on of any activity of profit

Not involving the carrying on of any activity of profit, as a result of the addition of the words 'not involving the carrying on of any activity for

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