Etymology: (1250–1300; ME < MF < L prōfectus progress, profit =
Definition of 'profit'
Princeton's WordNet
1. (noun)net income, net, net profit, lucre, profit, profits, earnings the excess of revenues over outlays in a givenperiod of time (including depreciation and other non-cash expenses)
2. (verb)profit, gain the advantageous quality of being beneficial
3. (verb)profit, gain, benefit derive a benefit from "She profited from his vast experience"
4. (verb)profit, turn a profit make a profit; gainmoney or materially "The company has not profited from the merger"
1. (noun)profit ≠ loss They sold their house for a profit of $25,000.; The profits from the fundraiser will go to the charity.; Did they make a profit last year?
2. (verb)profit to gain or get a profit Do they profit from the sale of these items?
Definition of 'profit'
Webster Dictionary
1. (noun)profit acquisition beyond expenditure; excess of value received for producing, keeping, or selling, over cost; hence, pecuniary gain in any transaction or occupation; emolument; as, a profit on the sale of goods
2. (noun)profit accession of good; valuable results; useful consequences; benefit; avail; gain; as, an office of profit,
3. (noun)profit to be of service to; to be good to; to help on; to benefit; to advantage; to avail; to aid; as, truthprofits all men
4. (verb)profit to gain advantage; to make improvement; to improve; to gain; to advance
5. (verb)profit to be of use or advantage; to do or bring good
Sense: money which is gained in business etc, eg from selling something for more than one paid for it I made a profit of $8,000 on my house; He sold it at a huge profit.