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Meaning of profit

Source language: EnglishDictionary language: English

profit

Pronunciation:/ˈpɹɒfɪt//ˈpɹɑfɪt/

noun

Definitions

  1. 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.

  2. Benefit, positive result obtained.

    Example: Reading such an enlightening book on the subject was of much profit to his studies.

  3. 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

Definitions

  1. To benefit (somebody), be of use to (somebody).

  2. (construed with from) To benefit, gain.

  3. (construed with from) To take advantage of, exploit, use.