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.
Profit sharing plans are established by employers and only contributed to by employers. Contributions are voluntary and discretionary. Withdrawals are taxable income, and an additional 10% tax penalty may apply for distributions before age 59 1/2.