profits

[ˈprɒfɪts]

profits Definition

• 1. financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something
• 2. advantage or benefit gained from something

Using profits: Examples

Take a moment to familiarize yourself with how "profits" can be used in various situations through the following examples!

• Example

  The company's profits have increased by 20% this year.

• Example

  The profits from the sale of the house were split between the siblings.

• Example

  He made a huge profit on the sale of his stocks.

• Example

  The new policy is expected to boost profits for the company.

profits Synonyms and Antonyms

Synonyms for profits

• revenue
• income
• gain
• return
• earnings

Antonyms for profits

• losses
• deficits

Idioms Using profits

• to turn a profit

  to make a financial gain or profit

  Example

  The business struggled for years before finally turning a profit.

• no pain, no gain

  you have to work hard and suffer in order to achieve success or make a profit

  Example

  Starting a business is not easy, but no pain, no gain.

• to profit from something

  to benefit or gain an advantage from something

  Example

  Many companies are profiting from the current economic situation.

Phrases with profits

• gross profit

  the total amount of money made from sales minus the cost of goods sold

  Example

  The company's gross profit margin has been declining over the past few quarters.

• net profit

  the amount of money left after all expenses have been paid

  Example

  The net profit for the quarter was lower than expected due to increased operating costs.

• profit margin

  the percentage of revenue that represents profit

  Example

  The company's profit margin has been steadily increasing over the past year.

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Summary: profits in Brief

The term 'profits' [ˈprɒfɪts] refers to financial gain, often measured as the difference between earnings and expenses. It can also denote benefits or advantages gained from something. Examples include 'The company's profits have increased by 20% this year.' and 'The new policy is expected to boost profits for the company.' Phrases like 'gross profit' and 'profit margin' refer to specific calculations, while idioms like 'to turn a profit' and 'to profit from something' indicate making gains or benefits.