Meaning & Definition of word "Proceeds"

Proceeds

/ˈproʊ.siːdz/

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.

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.

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

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.

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.

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.