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profit

UK/ˈpɹɒfɪt/US/ˈpɹɑfɪt/
nounB1Very common — you will meet it every day · #2,329 of 15,258neutral

Other forms: profits

Profit is the money a business keeps after paying all its costs. Make a profit, profit margin, net profit.

Gross profit is what is left after the direct costs and net profit after everything, and confusing the two is how a healthy-looking business turns out not to be. Profit and cash are different things: a profitable company can still run out of money. Note that the Latin means progress or advance.

Geek3 · CC BY-SA 4.0

Definitions of profit

  1. 1nounprofitThe money a business keeps after paying all its costs.B1

    “The shop made a small profit in its first year.”

profit is a financial gain.

Where it comes from

Latin profectus means progress or increase, from proficere, to advance. Proficient comes from the same advancing.

  1. Proto-Indo-European

    *per-

  2. Latin

    prōfectus — advance, progress, growth, increase, profit

  3. Old French

    profit

  4. Middle English

    profit

  5. English, today

    profit

Built from

  • proficiō · Latin — to go forward, advance, make progress, be profitable or useful

From Middle English profit, from Old French profit (Modern French profit), from Latin prōfectus (“advance, progress, growth, increase, profit”), from proficiō (“to go forward, advance, make progress, be profitable or useful”). a doublet of profect.

Etymology from Wiktionary, CC BY-SA

Practised in Work & Careers

Practise this word

profit in the wild

  • The multi-step income statement takes several steps to find the bottom line: starting with the gross profit, then calculating operating expenses.

    Income statement

  • Profit margin is a financial ratio that measures the percentage of profit earned by a company in relation to its revenue.

    Profit margin

  • Expressed as a percentage, it indicates how much profit the company makes for every dollar of revenue generated.

    Profit margin

  • A non-profit hospital is a hospital that does not make profits for owners of the hospital from the funds collected for patient services.

    Non-profit hospital

  • The owners of non-profit hospitals are often a charitable organization or non-profit corporations.

    Non-profit hospital

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From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.

Related words

the profit family

profit

profit — used about once every 304 pages · #2,329 · point at the bar for the others

  • profitable
  • profitability
  • profit margin