1 [C,U] the money that you make in business or by selling things, especially after paying the costs involved:
a rise / an increase / a drop / a fall in profits * The company made a healthy profit of $106m last year. * Net profit (= after you have paid costs and tax) was up 16.1%. * The sale generated record profits. * We should be able to sell the house at a profit. * The agency is voluntary and not run for profit. * There isn't much profit in running a restaurant these days.
OPPLOSS
2 [U] (formal) the advantage that you get from doing sth:
Future lawyers could study this text with profit.
verb ~ (by / from sth) (formal) to get sth useful from a situation; to be useful to sb or give them an advantage: [V] Farmers are profiting from the new legislation. * We tried to profit by our mistakes (= learn from them). * [VN] Many local people believe the development will profit them.
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About this entry
This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
This word also appears under other sources in Lughet's collection — see the list below.
This entry for profit is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
Is profit a noun, verb, or something else?
In this entry, profit is tagged as noun.
Does profit appear elsewhere on Lughet?
Yes — profit appears under other sources or language pairs in Lughet's collection. See the list below.
What is Lughet?
Lughet is a free trilingual dictionary covering nearly five million entries across Uyghur, Chinese, and English, drawn from more than ten source dictionaries and corpora.