- Profit is a benefit or gain, usually monetary.
An example of profit is the money a business has left after paying their expenses.
profit definition by Webster's New World
- advantage; gain; benefit
- monetary gain from business transactions
- the ratio of this to the amount of capital invested
- proceeds from property or investments
- the sum remaining after all costs, direct and indirect, are deducted from the income of a business, the selling price, etc.
Origin: Old French ; from Classical Latin profectus, past participle of proficere, to profit, literally , to advance: see proficient
- to be of advantage or benefit
- to reap an advantage, financial or otherwise; benefit
- profitless adjective
profit definition by American Heritage Dictionary
- An advantageous gain or return; benefit.
- The return received on a business undertaking after all operating expenses have been met.
- a. The return received on an investment after all charges have been paid. Often used in the plural.b. The rate of increase in the net worth of a business enterprise in a given accounting period.c. Income received from investments or property.d. The amount received for a commodity or service in excess of the original cost.
- To make a gain or profit.
- To derive advantage; benefit: profiting from the other team's mistakes. See Synonyms at benefit.
Origin: Middle English, from Old French, from Latin prōfectus, from past participle of prōficere, make progress, to profit : prō-, forward; see pro-1 + facere, to make; see dhē- in Indo-European roots.
- profˈit·less adjective
profit - Business Definition
- In investments, the selling price less the purchase price when the result is positive.
- See net income.
profit - Investment & Finance Definition
Income minus expenses, if income is greater than expenses. Profit also may be called net income in an informal sense. When looking at trading activity, profit occurs when the sale price of an investment is greater than the purchase price.
profit - Legal Definition