distribution of profits

Definition of "distribution of profits"
  1. The process of a partner or LLC member taking profits out of a partnership or LLC
How to use "distribution of profits" in a sentence
  1. In their agreement, they specified the schedule for the distribution of profits.
  2. After a successful year, the LLC planned a large distribution of profits.
  3. She delayed her distribution of profits to reinvest in the business.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z