accumulated profit
nounUK /əˈkjuːmjəleɪtɪd ˈprɒfɪt/
US /əˈkjuːmjəleɪtɪd ˈprɑːfɪt/
Money a business keeps after it pays its costs, saved up over time.
The company used its accumulated profit to open a new store.
OTHER MEANINGS
2. Total profit a business has made since it started, not paid out to owners.
The balance sheet showed accumulated profit of two million dollars.
3. Money set aside from past profits for future needs.
They dipped into accumulated profit to buy new machines.
4. The growing total of gains kept in a savings or investment account.
Her accumulated profit from the fund paid for a family holiday.