profits

[ˈprɒfɪts]

profits Definition

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

Antonyms for profits

  • losses
  • deficits

Idioms Using profits

  • 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 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.

  • 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.

  • 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.