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Term of the Day
plough back
plot plan
plow back
Definition
phrasal verb
Usage
to plough
back
profits
into the
company
to
invest
the profits in the
business
(and not
pay
them out as
dividends
to the
shareholders
) by using them to
buy
new equipment or to create new
products
(
Note
The US spelling is
plow back
.)
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Nearby Terms
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plow back
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