English

Noun

troncmaster ‎(plural not attested)

1. (rare) The person in charge of a tronc (pool of earnings).
   • 2004, Ronald Staples, Taxation, Volume 152 (page 528)

     The troncmaster is responsible for operating pay-as-you-earn on all distributions from the tronc and is personally liable for tax which he fails to deduct […]

   • 2008, Malcolm James, Taxation of Small Businesses (page 175)

     No NIC is payable on tips paid through a tronc if the above conditions are satisfied, therefore if the troncmaster operates independently of the employer, no NIC is payable […]