Formal and Informal Expressions of profit

In different contexts, you can replace 'profit' with suitable alternatives. In a more formal setting, 'gain, earnings' is apt. In informal speech or writing, 'bucks, dough' is a commonplace synonym.

profit: Explore its Definition & Usage

profit Definition

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

Using profit: Examples

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

Example
The company made a profit of $1 million this year.
Example
I hope to turn a profit with my new business venture.
Example
The sale of the house resulted in a profit for the owner.
Example
The charity event raised a significant profit for the cause.

profit Synonyms and Antonyms

Synonyms for profit

Antonyms for profit

Idioms Using profit

no profit, no loss
a situation where there is neither a profit nor a loss, indicating that the expenses are equal to the revenue
Example
The business had a no profit, no loss year, with revenue equaling expenses.
turn a profit
to make a financial gain or profit
Example
The company was finally able to turn a profit after several years of losses.
count the cost (or the profit)
to consider the potential consequences or benefits of an action before taking it
Example
Before investing in the stock market, it's important to count the cost and weigh the potential profit against the risks involved.

Phrases with profit

make a profit
to earn more money than it costs to operate or produce something
Example
The business was able to make a profit in its first year.
profit margin
the percentage by which the selling price of a product exceeds its cost
Example
The company's profit margin has been steadily increasing over the past few years.
non-profit organization
an organization that uses its surplus revenues to achieve its goals rather than distributing them as profit or dividends
Example
The charity is a non-profit organization that helps provide education to underprivileged children.

Origins of profit

from Old French 'porfit', from Latin 'proficere', meaning 'to make progress, be useful'

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Summary: profit in Brief

The term 'profit' [ˈprɒfɪt] refers to the financial gain resulting from the difference between the amount earned and the amount spent in buying, operating, or producing something. It can also denote advantage or benefit. Examples include 'The company made a profit of $1 million this year.' and 'The charity event raised a significant profit for the cause.' Phrases like 'make a profit' and 'profit margin' are common, as well as idioms like 'no profit, no loss,' indicating equal expenses and revenue.