noun
- money that is earned in trade or business after paying the costs of producing and selling goods and services
- advantage or benefit obtained from something
verb
- to obtain a financial advantage or benefit
- to be useful or beneficial to someone
Examples
- The company made a large profit last year.
- She sold her house at a profit.
- There’s no profit in arguing about this.
- The business profited from the new marketing strategy.
- Students will profit from extra tutoring.
- He profited greatly from his mentor’s advice.
- The store’s profit margin increased this quarter.