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profit

n. C / U
B1 Intermediate Oxford US //ˈpɹɑfət// UK //pɹˈɒfɪt// prof·it Archaic General-service Literary

n. the money a person or business makes after paying all their costs. You calculate it by taking the total money earned and subtracting the money spent.

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


SIMPLE

The shop made a small profit this month.

CONTEXTUAL

After paying for the ingredients and the staff, the restaurant owner was left with a healthy profit.

COMPLEX

The corporation reported a significant increase in net profit, attributed largely to aggressive cost-cutting measures and a surge in international demand for their latest software suite.

Synonyms
Antonyms
Origin

From Middle English profit, from Old French profit (Modern French profit), from Latin prōfectus (“advance, progress, growth, increase, profit”), from proficiō (“to go forward, advance, make progress, be profitable or useful”). Doublet of profect.

Usage

Uncountable when referring to the general concept of financial gain; countable when referring to specific sums or periods of gain.

Pitfall

The company made many profitsThe company made a large profitIn business contexts, 'profit' is usually treated as uncountable or singular to describe the total gain; 'profits' (plural) is specifically for multiple accounting periods or diverse sources.

Idioms1 entry

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