proceeds

proceeds definition - business

proceeds

  1. The amount received from the sale of an asset. The term usually refers to the amount received before deduction of commissions or other costs related to the transaction. See also net proceeds.
  2. Funds given by a lender to a borrower.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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