Step (semi-tone)- the smallest interval in western music; when two keys are immediately adjacent to each other regardless of color.
What is a 'Profit-Sharing Plan' A profit-sharing plan, also known as a deferred profit-sharing plan or DPSP, is a plan that gives employees a share in the profits of a company. Under this type of plan, an employee receives a percentage of a company's profits based on its quarterly or annual earnings.
So the greater the profits of the company, the larger the potential. allocation. However, profit-sharing plans can serve several goals. If the plan is cash only, it. is generally viewed as a form of bonus. If profits are good, benefits are paid.