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Definition of profit noun from the Oxford Advanced Learner's Dictionary

profit

noun
 
/ˈprɒfɪt/
 
/ˈprɑːfɪt/
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  1. [countable, uncountable] the money that you make in business or by selling things, especially after paying the costs involved
    • annual/pre-tax/corporate profits
    • Profits before tax grew from £615m to £1 168m.
    • a rise/an increase/a jump/a drop/a fall in profits
    • to maximize/increase profits
    • to report/post profits of £50 million
    • The club may turn a profit (= make a profit) by the end of the year.
    • The sale generated record profits.
    • Net profit (= after you have paid costs and tax) was up 16.1 per cent.
    • The business recorded a gross profit of (= before you pay costs and tax) £1.45 million last year.
    • The division's profit margins are being squeezed.
    • The directors are driven only by the profit motive.
    • profit on something The company made a healthy profit on the deal.
    • profit from something Profit from exports rose 7.7 per cent.
    • The radio station earns a profit from its advertising.
    • profit in something There was little or no profit in the products themselves.
    • profit in doing something There isn’t much profit in running a restaurant these days.
    • at a profit We should be able to sell the house at a huge profit.
    • for profit The agency is voluntary and not run for profit.
    opposite loss see also non-profit, not-for-profit, operating profit, with-profit
    Homophones profit | prophetprofit   prophet
     
    /ˈprɒfɪt/
     
    /ˈprɑːfɪt/
    • profit noun
      • She's only interested in making a quick profit.
    • profit verb
      • Patents allowed inventors to profit from ownership of their inventions.
    • prophet noun
      • With his long white beard, he looks like an Old Testament prophet.
    Collocations BusinessBusinessRunning a business
    • buy/​acquire/​own/​sell a company/​firm/​franchise
    • set up/​establish/​start/​start up/​launch a business/​company
    • run/​operate a business/​company/​franchise
    • head/​run a firm/​department/​team
    • make/​secure/​win/​block a deal
    • expand/​grow/​build the business
    • boost/​increase investment/​spending/​sales/​turnover/​earnings/​exports/​trade
    • increase/​expand production/​output/​sales
    • boost/​maximize production/​productivity/​efficiency/​income/​revenue/​profit/​profitability
    • achieve/​maintain/​sustain growth/​profitability
    • cut/​reduce/​bring down/​lower/​slash costs/​prices
    • announce/​impose/​make cuts/​cutbacks
    Sales and marketing
    • break into/​enter/​capture/​dominate the market
    • gain/​grab/​take/​win/​boost/​lose market share
    • find/​build/​create a market for something
    • start/​launch an advertising/​a marketing campaign
    • develop/​launch/​promote a product/​website
    • create/​generate demand for your product
    • attract/​get/​retain/​help customers/​clients
    • drive/​generate/​boost/​increase demand/​sales
    • beat/​keep ahead of/​out-think/​outperform the competition
    • meet/​reach/​exceed/​miss sales targets
    Finance
    • draw up/​set/​present/​agree/​approve a budget
    • keep to/​balance/​cut/​reduce/​slash the budget
    • be/​come in below/​under/​over/​within budget
    • generate income/​revenue/​profit/​funds/​business
    • fund/​finance a campaign/​a venture/​an expansion/​spending/​a deficit
    • provide/​raise/​allocate capital/​funds
    • attract/​encourage investment/​investors
    • recover/​recoup costs/​losses/​an investment
    • get/​obtain/​offer somebody/​grant somebody credit/​a loan
    • apply for/​raise/​secure/​arrange/​provide finance
    Failure
    • lose business/​trade/​customers/​sales/​revenue
    • accumulate/​accrue/​incur/​run up debts
    • suffer/​sustain enormous/​heavy/​serious losses
    • face cuts/​a deficit/​redundancy/​bankruptcy
    • file for/ (North American English) enter/​avoid/​escape bankruptcy
    • (British English) go into administration/​liquidation
    • liquidate/​wind up a company
    • survive/​weather a recession/​downturn
    • propose/​seek/​block/​oppose a merger
    • launch/​make/​accept/​defeat a takeover bid
    Extra Examples
    • At whose expense are those obscene profits made?
    • Damaged goods mean lost profit.
    • He's only interested in making a quick profit.
    • Investors will take the profits.
    • Jakob had realized a personal profit of $240 000.
    • Profits surged 41 per cent to £13 million.
    • The company started to show a profit in its first year.
    • The expected profits have not materialized.
    • The goods were sold for profit.
    • They closed down after years of low profits.
    • a commodity that produced steady profits
    • an annual profit of £50 000
    • We are continuing our strategy of profit maximization.
    • The company posted second-quarter profits of $570 million.
    Topics Businessb1
    Oxford Collocations Dictionaryadjective
    • big
    • considerable
    • decent
    verb + profit
    • bring
    • bring in
    • deliver
    profit + verb
    • climb
    • grow
    • increase
    profit + noun
    • margin
    • rate
    • sharing
    preposition
    • against profits
    • at a profit
    • for profit
    phrases
    • a decline in profits
    • a fall in profits
    • an increase in profits
    See full entry
  2. [uncountable] (formal) the advantage that you get from doing something
    • Future lawyers could study this text with profit.
  3. Word OriginMiddle English (in the sense ‘advantage, benefit’): from Old French, from Latin profectus ‘progress, profit’, from proficere ‘to advance’, from pro- ‘on behalf of’ + facere ‘do’. The verb is from Old French profiter.
See profit in the Oxford Advanced American DictionarySee profit in the Oxford Learner's Dictionary of Academic English
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