Proceeds

/ˈproʊ.siːdz/

Meaning & Definition

noun
Money obtained from an event or transaction.
The proceeds from the charity concert will go to children's hospitals.
The total amount of money received from a sale or other transaction.
After selling the painting, the proceeds were donated to the art museum.
The profits or returns arising from a certain activity.
The proceeds of the ticket sales exceeded all expectations.
verb
To continue or move forward in a particular direction or course of action.
After the break, the lecture proceeds with a discussion on climate change.
To begin or continue a process.
Once the analysis is complete, we will proceed to the next phase of the project.

Etymology

Derived from Middle English, from Latin 'procedere', meaning to advance or go forward.

Common Phrases and Expressions

net proceeds
The amount remaining after all deductions or expenses.
proceeds of crime
Money or benefits acquired through illegal activities.
proceeds from a sale
The money made from selling goods or services.

Related Words

revenue
The income generated from normal business operations.
funds
A sum of money saved or made available for a particular purpose.
assets
Resources owned by an individual or business that have economic value.

Slang Meanings

Cash made from a quick sale.
He flipped that car and made quick proceeds.
Profits from a side hustle or gig.
The weekend market led to some nice proceeds.