Define: Tronc

A monetary pool in which tips / gratuities are collected and later shared out between all staff, e.g. in a restaurant.

A monetary pool in which tips / gratuities are collected and later shared out between all staff, e.g. in a restaurant.

The person who shares out the tips is called a ‘troncmaster’.

‘tronc’, from the French ‘tronc des pauvres’, poor box

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Definitions for Tronc are sourced/syndicated and enhanced from:

• A Dictionary of Economics (Oxford Quick Reference)
• BusinessDictionary.com
• Oxford Dictionary Of Accounting
• Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th December 2018.