profit

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Profit Definition & Meaning

1. Profit refers to the financial gain earned after deducting expenses from revenue.

Example: The company made a profit of $10,000 this quarter.

2. Profit can also refer to the advantage or benefit gained from a situation or action.

Example: The new marketing strategy resulted in a profit of increased brand awareness.

3. Profit can be used as a verb, meaning to benefit or gain from something.

Example: The company hopes to profit from the new product launch.

4. Profit can refer to the difference between the selling price and the cost of production.

Example: The profit margin on this product is 20%.

5. Profit can also refer to the excess or surplus of something.

Example: The garden produced a profit of vegetables that were donated to a local food bank.

Examples of the word profit used in sentences.

  • The company's profit margin increased significantly last year.
  • The store made a good profit from their sales last month.
  • The charity organization donated all of its profits to help orphaned children.
  • We need to increase our profits if we want to expand the business.
  • The small restaurant is struggling to make a profit in this competitive market.
  • The company's profit margins are increasing steadily.
  • The farmer was disappointed as he did not make any profit from his harvest this year.
  • The charity organization was able to raise a significant amount of profit from their fundraising event.
  • The new restaurant attracted customers with its affordable prices and tasty food, resulting in a profit for the owner.
  • The small bakery made a good profit last month.
  • If you're looking to make a profit in the stock market, it's important to do your research and invest wisely.
  • Our local bookstore may not make a huge profit, but they provide an invaluable service to the community.
  • The company was able to make a significant profit this quarter thanks to their new marketing strategy.
  • Despite the economic downturn, the restaurant was able to turn a profit by offering affordable takeout options.
  • Investing in renewable energy sources not only benefits the environment, but it can also be a profitable venture.
  • They had to cut their expenses to increase their profit margin and remain competitive in the market.
  • Investors are always looking for opportunities to invest in companies with a high potential for profit growth.
  • The company's profit rose significantly after the implementation of their new marketing strategy.
  • The nonprofit organization's primary goal is not to maximize profit but to serve the community.
  • The government's tax policy had a significant impact on the company's profit for the year.
  • The government's decision to raise taxes on corporations has caused concern among businesses about their profit margins.
  • The non-profit organization relies solely on donations to continue their mission.
  • Despite the current economic climate, the company managed to make a hefty profit this quarter.
  • The company's decision to cut corners to maximize profit led to a decline in product quality and consumer trust.
  • The fashion industry is notorious for prioritizing profit over ethical and sustainable practices.
  • Despite the economic downturn, the company managed to generate a significant profit margin through their innovative market strategies.
  • The real estate industry is experiencing an immense boom, with property investors raking in massive profits from the current market conditions.
  • If the government imposes stricter regulations on businesses, it could lead to a decrease in profits for many industries.
  • The organization's primary goal is not solely focused on profit, but rather on creating a lasting impact on the community they serve.
  • While some corporations prioritize profit over all else, it is essential to remember the importance of ethical business practices and sustainability measures for the long-term health of our planet.
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