the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
"The company's annual profit increased by fifteen percent after accounting for all operational costs, including equipment depreciation."
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.
"After paying all the costs to produce and ship the goods, the small business finally calculated its true profit from this quarter's sales."
In plain English: Profit is the money you keep after paying all your costs to make something.
"The company made a small profit after selling all its winter coats."
Usage: As a noun, profit refers to the financial gain remaining after subtracting all costs from total revenue. Use this term specifically when describing the net money an individual or business keeps as a benefit for goods or services provided.
make a profit; gain money or materially
"The company has not profited from the merger"
To benefit (somebody), be of use to (somebody).
"The new park will profit the entire neighborhood by providing a safe place for children to play."
In plain English: To profit means to gain money or benefit from something.
"The new store hopes to profit from the growing demand for organic food."
Usage: Use "profit" as a verb when something yields a tangible benefit or advantage to someone, such as saying that a lesson will profit the student. It often appears in negative constructions like "did not profit," indicating that an action failed to provide any useful gain.
The word "profit" comes from the Latin prōfectus, meaning "advance" or "growth." It entered English through Old French, originally describing something that moves forward or is useful.