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English definition of “profit”


noun [C/U]    /ˈprɑf·ɪt/
money that a business earns above what it costs to produce and sell goods and services: [U] Any profit made on the sale is taxable. [C] A lot of businesses are reaping huge profits. Profit can also mean benefit: [U] He could see little profit in arguing with them.
(Definition of profit noun from the Cambridge Academic Content Dictionary © Cambridge University Press)
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