ploughed-back profits
nounUK /plaʊd bæk ˈprɒfɪts/
US /plaʊd bæk ˈprɑːfɪts/
Money a company earns and then puts back into the business instead of paying it out.
The small bakery used its ploughed-back profits to buy a bigger oven.
OTHER MEANINGS
2. Company earnings kept in the business rather than shared with owners.
Ploughed-back profits helped the firm grow without borrowing.
3. Money saved from a sale and used again for the same purpose.
The club's ploughed-back profits paid for new equipment.
4. Profit that is turned into new tools, buildings, or stock instead of cash.
Their ploughed-back profits built a second workshop.