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profit

1 of 2

noun

prof·​it ˈprä-fət How to pronounce profit (audio)
often attributive
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
: the ratio of profit for a given year to the amount of capital invested or to the value of sales
5
: the compensation accruing to entrepreneurs for the assumption of risk in business enterprise as distinguished from wages or rent
profitless adjective
profitwise adverb

profit

2 of 2

verb

profited; profiting; profits

intransitive verb

1
: to be of service or advantage : avail
2
: to derive benefit : gain
3
: to make a profit

transitive verb

: to be of service to : benefit

Example Sentences

Noun The company made a profit this year. Profits are up from last year. There was a rise in profits this year. The profits from CD sales were donated to charity. The organization is not run for profit. The film made $1,000,000 in profit. The book can be read with profit by anyone who wants to understand how the system works. Verb It would profit him to take some computer classes. The company has profited by selling its products online. He profited greatly from his investments. The island profits from tourism. See More
Recent Examples on the Web
Noun
The Lottery projects the XL Center venue will turn a profit. Kenneth R. Gosselin, Hartford Courant, 10 Sep. 2022 The Crown Estate earned a profit of $311 million in its most recent fiscal year, which means about $47 million was provided to the royal family. Aimee Picchi, CBS News, 9 Sep. 2022 Everything that happens inside these spaces is calibrated to generate a profit. Sarah Leonard, The New Republic, 8 Sep. 2022 But many of the projects never got off the ground or didn’t turn a profit. Jason Douglas, WSJ, 8 Sep. 2022 Kim Kardashian has proved to be quite effective at using her following to turn a profit. Jessica Mathews, Fortune, 8 Sep. 2022 Doing the latter could net the player a sizable profit on top of the $150 bonus. Xl Media, cleveland, 8 Sep. 2022 Black Friday described the day stores began to turn a profit for the year and what would become the biggest shopping day in the United States. Heath Owens, Good Housekeeping, 7 Sep. 2022 Chevron booked a profit of $11.6 billion, while Shell earned $11.5 billion. Lauren Kent, CNN, 7 Sep. 2022
Verb
The British government approved the sale last week after ensuring that Abramovich could not profit from it. Steve Douglas, ajc, 30 May 2022 That means Airbnb will not profit from these bookings. Caitlin O'kane, CBS News, 7 Mar. 2022 Other segments of the music community have looked at ways to cut ties with or at least not profit from Russia during the crisis. Chris Willman, Variety, 4 Mar. 2022 In Southeast Asia, businesses and government agencies made major investments to prepare for and profit off these visitors. Regine Cabato, Washington Post, 20 Aug. 2022 That fact is a big selling point for investors looking to profit off the financially vulnerable. Beth Teitell, BostonGlobe.com, 13 Aug. 2022 Not only were many of those colleges and universities built on Indigenous lands, but their endowments were partly funded by them -- and some institutions continue to profit off those lands to this day, High Country News reported. Harmeet Kaur, CNN, 29 June 2022 Over the years the system has been exploited by people who have set up fake companies and bogus schools in schemes to profit off students seeking visas. NBC News, 27 Mar. 2022 More than 50,000 student-athletes will be able to profit off their NIL (name, image and likeness) because of a new network Adidas is enabling. oregonlive, 23 Mar. 2022 See More

Word History

Etymology

Noun

Middle English, from Anglo-French, from Latin profectus advance, profit, from proficere

First Known Use

Noun

14th century, in the meaning defined at sense 1

Verb

14th century, in the meaning defined at intransitive sense 1

Time Traveler
The first known use of profit was in the 14th century

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