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- Dictionaryprofit/ˈprɒfɪt/
noun
- 1. a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something: "record pre-tax profits" Similar Opposite
- 2. advantage; benefit: "there's no profit in screaming at referees from the bench" Similar Opposite
verb
- 1. obtain a financial advantage or benefit: "the only people to profit from the episode were the lawyers" Similar
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Jun 12, 2024 · Profit is the money a business pulls in after accounting for all expenses. Whether it's a lemonade stand or a publicly-traded multinational company, the primary goal of any...
the good result or advantage that can be achieved by a particular action or activity: There's no profit to be gained from endlessly discussing whose fault it was. Fewer examples. The school summer fair made a clear profit of £500. They buy paintings at auctions and then resell them at a vast profit to collectors.
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. prof· it ˈprä-fət. often attributive. Synonyms of profit. 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.
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.
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 ).
A profit is an amount of money that you gain when you are paid more for something than it cost you to make, get, or do it. The bank made pre-tax profits of £3.5 million. You can improve your chances of profit by sensible planning. The profit motive is inherently at odds with principles of fairness and equity.
