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English definition of “proceeds”

proceeds

noun [plural] uk   /ˈprəʊ.siːdz/ us    /ˈproʊ-/
the amount of money received from a particular event or activity or when something is sold: The proceeds of today's festival will go to several local charities. It says on the back of the card 'all proceeds to charity'.Profits and losses
(Definition of proceeds from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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