retained profit

noun
UK /rɪˈteɪnd ˈprɒfɪt/
US /rɪˈteɪnd ˈprɑːfɪt/

Money a company keeps after paying costs and taxes instead of giving it all to owners.

The small bakery used its retained profit to buy a new oven.


OTHER MEANINGS

2. Profit kept in the business to help it grow or stay safe.

Retained profit helped the shop survive a slow winter.

3. The part of a company's earnings not paid out as dividends.

Investors checked how much retained profit the firm reported.

4. Money set aside inside a company rather than shared with owners.

The board voted to increase retained profit this year.