profit

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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 ?
John would then be entitled to a make-up payment of the accumulated shortfalls in any year that the net income of the trust exceeded the unitrust amount.
Massachusetts: The state supreme judicial court overruled a regulation that had historically required companies delivering in private vehicles to file net income tax returns; see Nat'l Private Truck Council, Inc.
The results reported today for fiscal 2004's fourth fiscal quarter compare to fiscal 2003's fourth quarter net income of $25.
Using Perry's current P/E ratio and the Institutional Brokers Estimate System ("I/B/E/S") estimates of expected net income growth, you can calculate a rough estimate of the equity return expected by its shareholders.
In particular, when ratios of nonbank net income to assets for the fifty largest firms fell substantially in 1987 to 0.
However, if a parent files Form 1120 and any group member files Form 1120-PC or 1120-L, that member may either (1) fully complete Schedule M-3 in the same way as it filed Form 1120; or (2) complete Schedule M-3 by including the sum of all differences between the member's income statement net income (or loss) and taxable income (differences).
Line 37, column (A) must equal the net income (loss) per the income statement of includible corporations (reported, as described above, on Part II, Line 8).
in Pasadena, a real estate investment trust, reported a 16 percent gain in net income to $22.
VANGUARD INDEX TRUST/GROWTH PORTFOLIO -- a quarterly distribution from ordinary net income in the amount of $0.
The modified statute provides that corporations are not permitted to deduct state taxes and taxes of the District of Columbia that are VATs, single business taxes or taxes on (or measured by) net income, gross income, gross receipts or capital stock.
Net income for the first six months of fiscal year 1995 was 5 percent higher than net income for the same period in fiscal year 1994 before the cumulative effect of the accounting change.
FBL Financial Group most recently provided 2006 earnings guidance in conjunction with its third quarter 2006 earnings announcement and stated that it expects to exceed both its 2006 net income guidance of $2.