profit

Meanings

Noun

  • Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price.
  • Benefit, positive result obtained.
  • In property law, a nonpossessory interest in land whereby a party is entitled to enter the land of another for the purpose of taking the soil or the substance of the soil (coal, oil, minerals, and in some jurisdictions timber and game).

Verb

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Origin

  • From Middle English profit, from Old French profit (Modern French profit), from Latin prōfectus ("advance, progress, growth, increase, profit"), from proficiō.

Modern English dictionary

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