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profit

prof·it [ próffit ]

noun (plural prof·its)

Definition:

1. excess of income over expenditure: the excess of income over expenditure, especially in business

2. income from something: income from an investment or transaction ( often used in the plural )

3. advantage: an advantage or benefit derived from an activity

verb (past and past participle prof·it·ed, present participle prof·it·ing, 3rd person present singular prof·its)

Definition:

1. intransitive verb make money on something: to gain financial profit from something

2. transitive and intransitive verb benefit from something: to gain an advantage or benefit from something, or provide an advantage or benefit

[13th century. Via French< Latin profectus "progress, profit" < past participle of proficere (see proficient)]

prof·it·less adjective

Spelling Note


	profit or prophet? Do not confuse the spelling of profit and prophet, which sound similar. Profit is a noun and verb referring to financial gain, benefit, or advantage: We made a profit of $100 on the transaction.They profited from the umpire's decision. The word prophet is only used as a noun, denoting somebody who foretells the future, as in an Old Testament prophet, prophets of doom.

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