profit

(redirected from Accounting profit)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.
Related to Accounting profit: Economic Profit

Profit

Most commonly, the gross proceeds of a business transaction less the costs of the transaction; i.e., net proceeds. Excess of revenues over expenses for a transaction; sometimes used synonymously with net income for the period. Gain realized from business or investment over and above expenditures.

Accession of good, valuable results, useful consequences, avail, or gain. The benefit, advantage, or pecuniary gain accruing to the owner or occupant of land from its actual use; as in the familiar phrase rents, issues and profits, or in the expression mesne profits.

profit

noun accruance, accumulation, acquisition, advantage, augmentation, avails, benefaction, benefit, clearance, compensation, dividend, earnings, emolument, financial reward, fructus, fruits, gain, growth, harvest, improvement, incentive, income, increase, interest, meed, output, pay, payment, prize, proceeds, produce, quaestus, realization, remuneration, return, revenue, reward, service, take, utility, value received, windfall, winnings, yield
Associated concepts: accumulated profits, anticipated proffts, capital, carrying on business for profit, distributable profits, excessive profits, excess profits tax, gross profit, loss of profits, margin of profit, net profit, not for profit, peeuniary profits, profit a prendre, profit sharing, prospective profit, remote profits, secret profits, speculative profits, surrlus profits, underwriting profits, undistributed profits
Foreign phrases: Ubi periculum, ibi et lucrum collocatur.He who risks a thing, should receive the profits arising from it.

profit

verb acquire, advance, assist, avail, be better for, be improved by, be of use, benefit, cash in on, clear, confer a benefit on, contribute, draw profit from, edify, gain, gain advantage, harvest, help, improve, learn a lesson from, make capital out of, make good use of, make immrovement, make money by, make use of, obtain a return, produce a good effect, produce a good result, put to use, realize, reap, reap the fruits, turn to account, use, utilize, yield returns
See also: advantage, attain, avail, bear, behalf, benefit, betterment, boom, capitalize, collect, commission, dividend, earn, earnings, edification, fee, gain, inure, output, pay, perquisite, proceeds, prosperity, realization, realize, reap, revenue, succeed, utility, worth, yield
References in periodicals archive ?
The study examines whether firms with accounting profit (positive EAT) are also providing economic profit (positive EVA).
Taxation is a relevant aspect of the quality of reported information, as a close link between accounting profit and taxable income reduces the ability for financial reporting to show the economic reality of an entity.
This relates to the distinction between economic profit and accounting profit. For firms with extensive investments in real estate, otherwise known as their investment portfolio, the traditional approach to satisfying shareholders need for returns has been reliant upon development and sale of the real estate.
Some differences that are temporary come when income and expense is included in accounting profit in one period, but they apear in the taxable income of another period.
Profit stability is one of the important qualitative characteristics of accounting profit which shows the stability of accounting profit.
Ball and Brown's research findings indicate correlation between accounting profits and stock market reaction (stock prices).
As an inevitable consequence, risk and value are less well-managed than accounting profit. It is difficult for a firm to manage something without measuring it, so that it knows whether it is increasing or decreasing and by how much.
(34) An accounting profit is not equivalent because it does not incorporate opportunity costs.
"While our reserves are still showing a positive return based on purchase costs, we foreshadowed in the 2009 Annual Report the likelihood of volatility in accounting profit and loss."
A key problem of accounting based on IFRS is the tax basis which is received from accounting profit (Strouhal et al.
Accounting profit (or loss, if negative) is calculated by subtracting accounting costs from revenue.
The latest losses came as no surprise to Barnett, who admits it will take some time before the company makes sufficient inroads in its outstanding pounds 125m debt to turn an accounting profit.

Full browser ?