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Definition of «profit»

Profit refers to the money made from a business or investment after all expenses have been paid. It is the excess revenue earned by an individual, company, or industry beyond what is needed to cover their costs and make a reasonable profit. In other words, it is the amount of money left over after subtracting all costs and expenses associated with producing or providing a good or service. Profit can also refer to any gain or advantage, such as personal growth, experience, or satisfaction derived from an activity or endeavor.

Usage examples

  1. The company's profit increased by 20% in the last quarter.
  2. Our main goal is to maximize profit while minimizing expenses.
  3. The new marketing strategy turned out to be a great success, resulting in higher profits.
  4. The profit margin for this product is relatively low, but it makes up for it in high sales volume.
  5. The organization decided to reinvest a portion of its profits into research and development.
  6. We need to analyze the profit and loss statement to identify areas where we can improve profitability.
  7. The company faced a drop in profits due to increased competition in the market.
  8. After implementing cost-cutting measures, the business was able to turn a profit after several years of losses.
  9. The shareholders were pleased with the company's profit distribution as they received higher dividends.
  10. The finance department is responsible for tracking and reporting on the company's profits.

Phrases with «profit»

Sentences with «profit»

  • The value of a business is calculated as the present value of the future stream of profits of that business. (rocklandvoice.com)
  • Other ways of making profits from real estate investment include real estate appreciation, ancillary real estate investment income, etc.. (remaxheritage.net)
  • Even if things are looking better for profits for existing firms, opportunities away from existing firms may improve even more, and attract capital away from existing firms. (alephblog.com)
  • (see all sentences)

See also

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