Entry from British & World English dictionary
(In a hotel or restaurant) a common fund into which tips and service charges are paid for distribution to the staff.
- The main target and focus for the Revenue may have changed, but troncs are still very much on the radar.
- Last year the Revenue lost a long-running court battle regarding troncs and National Insurance contributions.
- He explores the tax treatment of tips and troncs for restaurants and other hospitality businesses.
1920s: from French, literally 'collecting box'.
Words that rhyme with troncbonk, clonk, conk, cronk, honk, Leblanc, pétanque, plonk, zonk
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