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proceeds

plural noun

pro·​ceeds ˈprō-ˌsēdz How to pronounce proceeds (audio)
1
: the total amount brought in
the proceeds of a sale
2
: the net amount received (as for a check or from an insurance settlement) after deduction of any discount or charges

Example Sentences

Recent Examples on the Web In targeting Tornado Cash, the Treasury Department noted that the service had become a popular vehicle for North Korean hackers and others to launder proceeds of crime. Jeff John Roberts, Fortune, 8 Sep. 2022 With each sale, 50 percent of proceeds will reportedly go to a charity that supports people of color. Tomás Mier, Rolling Stone, 7 Sep. 2022 In 2021, Monica and Marco collaborated with Seattle's Blazing Bagels for a custom sandwich — a percentage of proceeds were donated to the organization. Richard Morin, USA TODAY, 3 Sep. 2022 Green District will donate 20% of proceeds at the Blue Ash location on Aug. 30 to Magnified Giving, an education organization that aims to educate, inspire and engage students in philanthropy. Haadiza Ogwude, The Enquirer, 26 Aug. 2022 The twin brothers were accused of conspiring with several other men to launder the proceeds of phony insurance claims through shell companies. New York Times, 22 Aug. 2022 Interplay states that 100 percent of proceeds will go to the charities Hias, which is helping resettle Ukrainian refugees; the Jewish Community Center of Krakow; the Mandel JCC’s emergency relief fund for Ukraine; and World Central Kitchen. cleveland, 12 Aug. 2022 An arbitrator last month said the entity in question has a priority claim of up to $1.1 billion of proceeds from the sale of the stake. Jacky Wong, WSJ, 2 Aug. 2022 Two percent of proceeds from every piece sold go back to a local NGO partner working on water sanitation and access projects in the artists’ communities. Kassondra Cloos, Outside Online, 28 July 2022 See More

Word History

First Known Use

1665, in the meaning defined at sense 1

Time Traveler
The first known use of proceeds was in 1665

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