The word for money left over after expenses are paid is "profit." Profit represents the financial gain that remains after all costs associated with generating revenue have been deducted. It can also be referred to as net income or net earnings in a business context.
Profit
Put into a savings account.
Funds left over in a 529 plan after all college expenses have been paid can be withdrawn, but this may come with tax implications. If the money is used for non-qualified expenses, it will incur income tax and a 10% penalty on the earnings portion. Alternatively, the funds can be rolled over to another family member’s 529 plan or kept for future educational expenses, as the account can remain open indefinitely.
The beneficiary receives the funds left over from the Coverdell Savings Account.
Operating income is the profit a company makes from its core business operations after deducting operating expenses, while operating revenue is the total amount of money generated from those core business activities before deducting expenses. In simple terms, operating income is the profit left over after subtracting expenses from revenue.
Profit
ProfitMoney that is left after all business expenses are paid is called profit.
profit
Put into a savings account.
Profit
Put into a savings account.
Put into a savings account.
If you have money to spend after paying taxes and all expenses, you have spending power according to the amount of money you have left over. A tourist with spending power has money to spend after all travel expenses are paid or accounted for.
You cannot get a specific grant to pay for living expenses, but just as in a traditional college and left over money that you get from any loans or grants you have is given to you to help assist with living expenses .
Profit means the difference between revenues and expenses. This left over amount is the business owner's reward for the risk they took in undertaking the business.
The relationship between the two is that risk is needed to make a profit. A profit is money left over after expenses have been paid. To have expenses you need to take risks.
The return cash-flow left over after your capital and other business expenses are paid off. In other words: the money left over after you have paid for every used in making the product or providing the service.