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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...
1. : a valuable return : gain. 2. : the excess of returns over expenditure in a transaction or series of transactions. especially : the excess of the selling price of goods over their cost. 3. : net income usually for a given period of time. 4. : the ratio of profit for a given year to the amount of capital invested or to the value of sales. 5.
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.
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.
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.
Nov 28, 2020 · Profit is the income remaining after settling all expenses. Three forms of profit are gross profit, operating profit, and net profit. The profit margin shows how well a company uses revenue. Profit drives capitalism and free-market economies. Increasing revenue and cutting costs increase profits.
A profit is money you make, as opposed to money you lose. Also, anything good profits you — it benefits you.
noun. /ˈprɒfɪt/. /ˈprɑːfɪt/. [countable, uncountable] the money that you make in business or by selling things, especially after paying the costs involved. annual/pre-tax/corporate profits. Profits before tax grew from £615m to £1 168m. a rise/an increase/a jump/a drop/a fall in profits. to maximize/increase profits.
PROFIT meaning: 1 : money that is made in a business, through investing, etc., after all the costs and expenses are paid a financial gain; 2 : the advantage or benefit that is gained from doing something
Profit is the amount by which revenues are more than expenses in a business enterprise over a given period of time. Exports produce the bulk of corporate profits, even though domestic consumption accounts for about 60 percent of GDP. The bank made pre-tax profits of $6.5 million.
