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What is profite?

Updated: 9/17/2019
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12y ago

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Bringing the customer back to the seller.

Or, the ability to generate profits from sales, whether the sale is tangible (example: a good) or intangible (example: paid for knowledge), whether a service or product.

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12y ago
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7y ago

Profit in generally is making of gain in business activity for the benefit of the owners of the business. The official definition of the word profit is "a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something."

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14y ago

profiteering: the act of making profits by unethical, unlawful or unjustified ways

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