Longman Dictionary of Contemporary English homepage

Topic: TRADE

Date: 1200-1300
Language: Old French
Origin: Latin profectus, past participle of proficere; PROFICIENT

profit

1 noun
     
prof‧it1 S1 W1
1 [uncountable and countable]BBT money that you gain by selling things or doing business, after your costs have been paid [≠ loss; ↪ revenue]COLLOCATIONS COLLOCATIONS
at a profit make/earn/turn a profit big/huge/healthy/substantial/handsome/hefty profit (=a large profit) profits are up/down profits rise/increase/grow profits soar/leap (=profits increase by a lot) profits fall/drop profits slump/plunge (=profits fall by a lot) boost profits (=make them increase) maximize profits (=get as much profit as possible) net profit (=after tax and costs are paid) gross profit (=before tax and costs are paid) pre-tax profit (=before tax is paid) trading/operating profit
Our daily profit is usually around $500.
She sold the business and bought a farm with the profits.
They sold their house at a healthy profit.
Few independent movies turn a profit.
The property company made a huge profit on the deal.
Profits are up by a third.
Marston's profits rose last year to $17 million.
The group's pre-tax profits slumped to £25.5m.
They were able to report a small trading profit.
2 [uncountable] formal an advantage that you gain from doing something:
There's no profit in letting meetings drag on.
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