Retained earnings/profits
From Financialjargon
Definition of Retained earnings/profits
Profits retained by a business after any payment of dividends to shareholders.
A business generates profits through trading. Any unspent or non distributed money can be saved for future use and is known as ‘Retained Earnings’ or ‘Retained Profits’.
Other Financial Statements terms
- Asset
- Capital Employed
- Contingent liability
- Cost of Goods Sold
- Cost of Sales
- Creditors
- Current Assets
- Cash assets
- Current liabilities
- Debtors
- Exceptional item
- Fixed Assets
- Gross margin
- Gross profit
- Intangible Assets
- Liability
- Net profit
- Operating expenses
- Operating profit
- Revenue (alternatively, sales or turnover)
- Share capital
- Share premium account
- Shareholders' funds-Equity
- Stock
- Taxable profits
- Year-end
