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- DictionaryProf·it/ˈpräfət/
noun
- 1. a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something: "pretax profits"
verb
- 1. obtain a financial advantage or benefit, especially from an investment: "the only people to profit from the entire episode were the lawyers"
Jun 12, 2024 · What Is Profit? Profit describes the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in...
Nov 28, 2020 · Profit is when revenue is greater than costs. Businesses try to maximize profit, also known as the "profit motive." It also drives the stock market.
Apr 21, 2023 · Profit is the money earned by a business when its total revenue exceeds its total expenses. Any profit a company generates goes to its owners, who may choose to distribute the money to shareholders as income, or allocate it back into the business to finance further company growth.
The meaning of PROFIT is a valuable return : gain. How to use profit in a sentence.
Apr 27, 2021 · What Is Profit? For businesses, profit is the positive financial gain remaining after all costs, taxes, and expenses have been deducted from total sales. A business owner will either apportion profits or reinvest them back into their company.
money that is earned in trade or business after paying the costs of producing and selling goods and services: She makes a big profit from selling waste material to textile companies. A year ago the Tokyo company had a pretax profit of 35 million yen. Company profits are down from last year's figures.
What is Profit? Profit is the value remaining after a company’s expenses have been paid. It can be found on an income statement. If the value that remains after expenses have been deducted from revenue is positive, the company is said to have a profit, and if the value is negative, then it is said to have a loss (see: P&L statement ).
noun. often plural excess of revenues over outlays and expenses in a business enterprise over a given period of time, usually a year. the monetary gain derived from a transaction. income derived from property or an investment, as contrasted with capital gains. the ratio of this income to the investment or principal. economics.
Jun 4, 2024 · Profit is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs. While revenue and profit...
Jul 1, 2024 · Profit is the amount of revenue left with a business after deducting all expenses. In economics, a profitable company is the one that generates considerable revenue and still takes home a reasonable amount—after settling all the liabilities.
