accumulatedearnings
nounUK /əˈkjuːmjəleɪtɪd ˈɜːnɪŋz/
US /əˈkjuːmjəleɪtɪd ˈɜːrnɪŋz/
Money a company has kept over time instead of paying it out.
The company used its accumulated earnings to build a new factory.
RELATED WORDS
OTHER MEANINGS
2. Profits kept in a business rather than shared with owners.
The board voted to keep the accumulated earnings for future growth.
3. Money saved up over many years from work or business.
Her accumulated earnings from years of small jobs paid for college.
4. The total profit a company has made and not spent or paid out.
Auditors checked the accumulated earnings reported on the statement.