profit

Reading level: medium

Estimated CEFR level: B1 — Intermediate

Estimated from word frequency; not an official CEFR classification.

Definition

  1. noun the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
  2. noun the advantageous quality of being beneficial
  3. verb derive a benefit from

Etymology

From Middle English profit, from Old French profit (Modern French profit), from Latin prōfectus (“advance, progress, growth, increase, profit”), from proficiō (“to go forward, advance, make progress, be profitable or useful”). Doublet of profect.

In classic literature

Synonyms

net income, net, net profit, lucre, profits, earnings

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