profit

/profit/
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profit

The small business owner was pleased to see a profit this quarter.

Definition
  1. Noun:

    • The advantageous quality of being beneficial: The gain or advantage obtained from something.
    • The excess of revenues over outlays in a given period of time: The financial gain when the amount earned from a business activity exceeds the expenses, costs, and taxes.
  2. Verb:

    • To make a profit; gain money or materially: To obtain a financial advantage or benefit.
    • To derive a benefit from: To gain an advantage or learn from an experience or situation.
Usage Examples
  • Noun:

    • The new policy was of great profit to the community. (The new policy provided a significant benefit to the community.)
    • The company reported a large profit this quarter. (The company announced its financial earnings were much higher than its costs this quarter.)
  • Verb:

    • The store hopes to profit from the holiday sales. (The store hopes to gain money from the holiday sales.)
    • She profited greatly from her mentor's advice. (She gained significant benefit from her mentor's advice.)
Advanced Usage
  • "To turn a profit": To begin to earn money after a period of not earning any.
    • The startup finally turned a profit in its third year.
  • "At a profit": Sold or done in a way that results in financial gain.
    • He sold his old car at a profit.
  • "Profit margin": The difference between the cost of producing something and the price at which it is sold.
    • The company's profit margin has increased.
Variants and Related Words
  • Profitable (adj): Yielding profit or financial gain; beneficial.
    • It was a profitable investment.
  • Profitability (n): The degree to which a business or activity yields profit or financial gain.
    • The profitability of the venture is uncertain.
  • Profiteer (n/verb): A person who makes an excessive profit, often by unethical means like selling scarce goods at high prices.
    • The war profiteer was widely condemned.
Synonyms
  • Noun: Gain, benefit, advantage, earnings, return.
  • Verb: Gain, benefit, earn, capitalize.
Related Phrasal Verbs
  • Profit from: To gain an advantage or benefit from something.
    • You should profit from this valuable opportunity.
  • Profit by: To learn from or be helped by an experience (often used interchangeably with "profit from").
    • I hope you will profit by my mistake.
Related Idioms
  • To one's profit: For one's benefit or advantage.
    • He studied the market to his profit.
  • Make a profit: To earn more money than is spent.
    • The goal of most businesses is to make a profit.
profit

The small business owner was pleased to see a profit this quarter.

Noun
  1. the advantageous quality of being beneficial
  2. the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Verb
  1. make a profit; gain money or materially
    • The company has not profited from the merger
  2. derive a benefit from
    • She profited from his vast experience