accumulated profits
nounUK /əˈkjuːmjəleɪtɪd ˈprɒfɪts/
US /əˈkjuːmjəleɪtɪd ˈprɑːfɪts/
Money a company has saved up over time from the money it makes.
The company used its accumulated profits to build a new factory.
OTHER MEANINGS
2. Money left in a business after paying costs and taxes that is kept for future use.
The board decided to keep the accumulated profits instead of paying a dividend.
3. Total money made over several years that has not been spent or given out.
After ten years, the small shop had large accumulated profits.
4. In accounting, the total profit of a company that stays in the business.
The accountant recorded the accumulated profits on the balance sheet.