Profit

/ˈprɒfɪt/

Meaning & Definition

noun

A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

The company's profit tripled after they launched their new product line.

The advantage or benefit gained from an action or decision.

She realized the real profit of her hard work was the experience she gained.

The surplus remaining after total costs are deducted from total revenue.

Investors are primarily interested in the profit margins of their portfolios.

verb

To gain a financial advantage or benefit from a transaction.

They hope to profit from their investment in real estate.

To derive advantage or benefit from something.

The students profited from the mentorship program by improving their skills.

Middle English, from Old French 'profit', from Latin 'profitum', meaning 'advantage, benefit'.

profit margin:

The difference between the cost of producing something and the price at which it is sold.

profit-sharing:

A system where employees receive a share of the profits of the company.

to turn a profit:

To begin making money from a business or investment.

To cash in

They decided to cash in on the property market.

Making bank

That investment is really making bank for me.