Meaning & use

profit

noun, verb·Everyday

Last updated

UK/ˈprɒfɪt/
US/ˈprɑːfɪt/

Meanings

  1. nouncountable or uncountablebusiness

    Money gained when the amount earned is more than the amount spent.

    Grammar: Uncountable in general (make a profit is also common); plural for amounts: quarterly profits.

    Patterns

    • make a profit
    • a profit of $500
    • profit from something

    The shop made a small profit in its first year.

    Profits fell sharply after the price increase.

  2. noununcountableformal

    A benefit or advantage gained from something, not necessarily money.

    Grammar: No plural; often followed by from.

    Patterns

    • profit from something

    There is little profit in arguing.

    She read the report with great profit.

  3. verbintransitive

    To gain money or another benefit from something.

    Grammar: No object; used with from: she profited from the sale.

    Patterns

    • profit from something
    • profit by something

    Farmers profited from the good harvest.

    Students profit from regular practice.

Word forms

pluralprofits
third person singularprofits
past tenseprofited
past participleprofited
-ing formprofiting

Common combinations

make a profit
They made a profit on the sale.
net profit
Net profit rose by ten percent.
profit margin
The profit margin is very thin.
turn a profit
The startup finally turned a profit.
profit from
He profited from the rise in prices.

Synonyms and how they differ

gain
Gain is broader and fits any increase, not only money from business.
earnings
Earnings often means income, which may or may not be left after costs.
benefit
Benefit is any advantage and is rarely about money alone.
return
Return means money earned from an investment.

Opposites

Word family

profitable adjective
producing profit
profitability noun
the ability to make a profit
unprofitable adjective
not making money
profiteer noun
a person who makes unfair profits

Commonly confused: profit or prophet?

profit vs prophet

A prophet is someone who predicts the future or speaks for a god; it sounds the same as profit.

Practice

The company ____ greatly from the new contract.

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