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