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

profit

verb
 
/ˈprɒfɪt/
 
/ˈprɑːfɪt/
[intransitive, transitive] (formal)
Verb Forms
present simple I / you / we / they profit
 
/ˈprɒfɪt/
 
/ˈprɑːfɪt/
he / she / it profits
 
/ˈprɒfɪts/
 
/ˈprɑːfɪts/
past simple profited
 
/ˈprɒfɪtɪd/
 
/ˈprɑːfɪtɪd/
past participle profited
 
/ˈprɒfɪtɪd/
 
/ˈprɑːfɪtɪd/
-ing form profiting
 
/ˈprɒfɪtɪŋ/
 
/ˈprɑːfɪtɪŋ/
jump to other results
  1. to get something useful from a situation; to be useful to somebody or give them an advantage
    • profit (from something) Farmers are profiting from the new legislation.
    • profit (by something) We tried to profit by our mistakes (= learn from them).
    • profit somebody Many local people believe the development will profit them.
    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.
    Extra Examples
    • A few greedy companies are profiting hugely at the expense of the most vulnerable consumers.
    • Convicted criminals should not be allowed to profit from their crimes.
    • The private sector will profit by selling the surplus electricity abroad.
    Topics Businessb1
    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
trait
noun
 
 
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