Meaning & Definition of word "Proceeds"

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    Proceeds

    /ˈproʊ.siːdz/

    noun:

    • 1. Money obtained from an event or transaction.
      • Example: The proceeds from the charity concert will go to children's hospitals.
    • 2. The total amount of money received from a sale or other transaction.
      • Example: After selling the painting, the proceeds were donated to the art museum.
    • 3. The profits or returns arising from a certain activity.
      • Example: The proceeds of the ticket sales exceeded all expectations.

    verb:

    • 1. To continue or move forward in a particular direction or course of action.
      • Example: After the break, the lecture proceeds with a discussion on climate change.
    • 2. To begin or continue a process.
      • Example: 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 of proceeds

    Meaning: Cash made from a quick sale.

    Example Sentence: He flipped that car and made quick proceeds.

    Meaning: Profits from a side hustle or gig.

    Example Sentence: The weekend market led to some nice proceeds.