profits

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profits

The company's profits increased after launching the new product.

Definition
  1. Noun (plural):
    • Financial gain: The amount of money earned after all the costs and expenses involved in running a business or activity have been paid. It represents the positive difference between revenue (money coming in) and total costs (money going out).
    • Advantage or benefit: A more general, often non-financial, gain or positive result obtained from an action or situation.
Examples of Usage
  • Noun (Financial):
    • The company's profits increased by 15% this quarter.
    • They reinvested the profits into research and development.
    • The primary goal of the business is to generate profits.
  • Noun (General Benefit):
    • He gained valuable experience from the project, which were the real profits of his hard work.
    • She read the book for the intellectual profits, not for entertainment.
Advanced Usage
  • "To turn a profit": To begin to make money after a period of not making money.
    • The new restaurant finally turned a profit in its second 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 percentage of revenue that is profit.
    • They operate on a very slim profit margin.
Variants and Related Words
  • Profit (verb): To gain an advantage or benefit from something.
    • I hope to profit from this training course.
  • Profitable (adjective): Yielding financial gain or benefit.
    • It was a very profitable investment.
  • Non-profit / Not-for-profit (adjective/noun): An organization whose goal is not to make money but to pursue a social, charitable, or educational mission.
    • She works for a non-profit organization.
Synonyms
  • Earnings: Money obtained in return for labor or services, or from investments.
  • Gain: An increase in wealth or resources.
  • Return: A profit from an investment.
  • Net income: The total revenue minus all expenses (a formal financial term).
  • Benefit: An advantage or profit gained from something.
Antonyms
  • Loss: The amount of money lost by a business or investment.
  • Debt: Money that is owed.
Related Phrases
  • Profit and loss statement (P&L): A financial report that summarizes a company's revenues, costs, and expenses during a specific period.
    • The accountant prepared the quarterly profit and loss statement.
  • Profit-sharing: A system where employees receive a share of the company's profits.
    • The company has a generous profit-sharing plan for its staff.
profits

The company's profits increased after launching the new product.

Noun
  1. something won (especially money)
  2. the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)