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1prof·it Listen to audio/ˈprɑ:fət/ noun
plural prof·its
1 : money that is made in a business, through investing, etc., after all the costs and expenses are paid : a financial gain [count] The company made/turned a profit this year. Profits are up/down from last year. There was a rise/fall/increase/decrease in profits this year. The profits from CD sales were donated to charity. We sold the house at a profit. [=we made a profit when we sold our house] [noncount] The organization is not run for profit. The film made $1,000,000 in profit.opposite loss
2 [noncount] formal : the advantage or benefit that is gained from doing something
The book can be read with profit by anyone who wants to understand how the system works.
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