
[Middle English, from Old French, from Latin prōfectus, from past participle of prōficere, make progress, to profit : prō-, forward; see pro-1 + facere, to make.]
profitless prof'it·less adj.For more information on profit, visit Britannica.com.
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noun
verb
Profiteering, a term for making unconscionable or socially destructive profits, especially in times of economic stress and widespread shortages. For example, during the American Revolution speculators profited from fluctuations in paper currency. During the Mexican-American and Civil Wars, profiteers extracted excessive prices from the government for war matériel. During the panic of 1893, J. P. Morgan provided necessary assistance—and made $7.5 million on the deal. Both world wars saw profiteering in munitions, supplies, and commodities. During the 1973–1975 energy crisis, oil corporations reported annual profits ranging up to 800 percent. Governmental and private efforts to control profiteering have encompassed a wide range of techniques, with limited success.
Bibliography
Brandes, Stuart D. Warhogs: A History of War Profits in America. Lexington: University Press of Kentucky, 1997.
The Industrial Reorganization Act, Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, 93rd Congress, 1st session.
Profiteering, 65th Congress, 2nd session, Senate Document No.248.
Bibliography
See F. Knight, Risk, Uncertainty, and Profit (1921); M. Obrinsky, Profit Theory and Capitalism (1983); D. C. Mueller, Profits in the Long Run (1986); S.-Y. We Production, Entrepreneurship, and Profits (1988).
Most commonly, the gross proceeds of a business transaction less the costs of the transaction; i.e., net proceeds. Excess of revenues over expenses for a transaction; sometimes used synonymously with net income for the period. Gain realized from business or investment over and above expenditures.
Accession of good, valuable results, useful consequences, avail, or gain. The benefit, advantage, or pecuniary gain accruing to the owner or occupant of land from its actual use; as in the familiar phrase rents, issues and profits, or in the expression mesne profits.
A financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. Any profit that is gained goes to the business's owners, who may or may not decide to spend it on the business.
Calculated as:
Investopedia Says:
Profit is the money a business makes after accounting for all the expenses. Regardless of whether the business is a couple of kids running a lemonade stand or a publicly traded multinational company, consistently earning profit is every company's goal.
The path toward profitability can be long. For example, online bookseller Amazon.com was founded in 1994 and did not produce its first annual profit until 2003. Many start ups and new businesses fail when the owners run out of capital to sustain the business.
Related Links:
Determine whether your trading approach is only profitable on paper. The Myth Of Profit/Loss Ratios
Learn how to use revenue and expenses, among other factors, to break down and analyze a company. Understanding The Income Statement
This structure can be very effective, but it is also known for its abuse of power. Early Monopolies: Conquest And Corruption
Learn this easy-to-understand technique of analyzing a company's financial statements and reports. Introduction To Fundamental Analysis
Take a deeper look at a company's profitability with the help of profit-margin ratios. The Bottom Line On Margins
Many receive advice, but the wise profit from it.
— Publilius Syrus (~100 BC)
Tutor's tip: Another word that sounds like "profit' which is a gain of any kind, is "prophet" which is a person who claims to be able to foretell the future.
LearnThatWord.com is a free vocabulary and spelling program where you only pay for results!
Quotes:
"Civilization and profits go hand in hand."
- Calvin Coolidge
"What is a man if he is not a thief who openly charges as much as he can for the goods he sells?"
- Mahatma Gandhi
"In the state of nature profit is the measure of right."
- Thomas Hobbes
"Profit and morality are a hard combination to beat."
- Hubert H. Humphrey
"Take every gain without showing remorse about missed profits, because an eel may escape sooner than you think."
- Lope de Vega
"Profits on the exchange are the treasures of goblins. At one time they may be carbuncle stones, then coals, then diamonds, then flint stones, then morning dew, then tears."
- Lope de Vega
See more famous quotes about Profits
The amount by which income exceeds expenditure.

| Look up Profit, profitability, profitable, profitably, or profits in Wiktionary, the free dictionary. |
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Dansk (Danish)
n. - fordel, fortjeneste
v. intr. - gavne
v. tr. - gavne
idioms:
Nederlands (Dutch)
winst, profijt, nut, voordeel hebben van, verdienen aan
Français (French)
n. - (Comm) bénéfice, profit, (fig) profit, avantage
v. intr. - tirer profit de qch
v. tr. - profiter à
idioms:
Deutsch (German)
n. - Gewinn, Vorteil, Nutzen
v. - profitieren, von Nutzen sein
idioms:
Ελληνική (Greek)
n. - (οικον., μτφ.) κέρδος, όφελος, ωφέλεια
v. - κερδίζω, (επ)ωφελούμαι
idioms:
Italiano (Italian)
profitto, guadagno, guadagnare
idioms:
Português (Portuguese)
n. - lucro (m)
v. - lucrar, aproveitar
idioms:
Русский (Russian)
прибыль, доход, польза, извлекать пользу, приносить пользу
idioms:
Español (Spanish)
n. - provecho, beneficio, ganancias
v. intr. - sacar provecho, aprovecharse, sacar partido o utilidad
v. tr. - servir a, aprovechar a, ganar
idioms:
Svenska (Swedish)
n. - vinst, förtjänst, utbyte, nytta, behållning
v. - dra nytta av, vara till nytta, (för)tjäna på, gagna
中文(简体)(Chinese (Simplified))
利润, 利益, 赢利, 有益, 赚钱, 获利, 有益于
idioms:
中文(繁體)(Chinese (Traditional))
n. - 利潤, 利益, 贏利
v. intr. - 有益, 賺錢, 獲利
v. tr. - 有益於
idioms:
한국어 (Korean)
n. - 이익, 수익
v. intr. - 이익을 보다, 소득을 얻다
v. tr. - ~에의 이익이 되다
日本語 (Japanese)
n. - 収益, 儲け, 利益, 利潤, 利得, 利益率, 得
v. - 利益を得る, 得をする, 利益になる, 役に立つ
idioms:
العربيه (Arabic)
(الاسم) فائدة, ربح, منفعه (فعل) يحصل على أرباح
עברית (Hebrew)
n. - רווח, תועלת, יתרון, טובה
v. intr. - הפיק רווח
v. tr. - הצמיח תועלת
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