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English definition of “profit”

profit

noun [C or U]     /ˈprɒfɪt/ COMMERCE, FINANCE
money that is earned in trade or business, especially after paying the costs of producing and selling goods and services: The group has had an uneven record in recent years, swinging back and forth between profits and losses.make/realize/turn a profit The company said it had made a profit of about £1.4bn on the deal.after-tax/pre-tax profit Pre-tax profits rose 22.3% to £13.7m. The expectation is that both turnover and trading profit will have increased during last year.sell sth at a profit A realized gain occurs when we sell an investment at a profit.profit on sth He will make a $431m profit on the sale.for profit Banks made new loans, then swiftly sold them off for profit, using the proceeds to extend still more.report profits In the year to March the company reported profits after tax of €900,000.profits fall/increase/rise Sales and profits rose last year. Concerns have been raised that a stagnating economy is hampering corporate profit growth. boost/increase profits an increase/jump/rise in profit a drop/fall in profit big/record/strong profits future/short-term/small profits annual/corporate/taxable profits
be in/come into profit to be earning, or start to earn, money from a trade or business rather than losing it: Some want it to be illegal to make anyone redundant if you are in profit.
first-half, first-quarter, etc. profit profits for the first half, first quarter, etc. of a financial year: The US entertainment giant showed how second-quarter profits had more than doubled.
pure profit profit that does not need to have any costs taken away: Once overheads are covered, 55c of every $1 of sales is pure profit.
→ See also accumulated profit, attributable profit, book profit, consolidated profit, distributable profit, distributed profit, for-profit, gross profit, net profit, operating profit, paper profit, retained profit, taxable profit, windfall
(Definition of profit noun from the Cambridge Business English Dictionary © Cambridge University Press)
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