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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Using your net income too much as a means to enjoy present day consumption makes your net income a snake that will surely bring you back to square one.
AXA Philippines' net income likewise grew by a robust 35 percent to P1.3 billion.
Its net income, however, declined by 85 percent to P12 million in 2014 from P73 million in 2013.
During January to June 2012, the company reported net income at USD13.7m, against net income of USD26.8m in the year-ago period.
1, the annual valuation date, to a net income CRUT with a payout rate of 5 percent.
Dividing the net income of $1 million by the capitalization rate of 14% produces a value for ABC Foundry of about $7.1 million.
a net income tax on the income derived within such State by any person from interstate commerce if the only business activities within such State by or on behalf of such person during such taxable year are either, or both, of the following:
Net income also included a foreign exchange gain of CAD$107 million.
ISA says it is actively working to replace the revenue generated by The Home Depot contract, however if those revenues cannot quickly be replaced the net income to the company may be adversely affected, according to the press release.
Tarragon Corporation has reaffirmed its previous guidance for 2004, forecasting net income of $42 to $46 million, or approximately $2.40 to $2.60 per share, versus net income for fiscal 2003 of $31.2 million or $1.80 per share in each case on a fully diluted basis.