What does making a profit mean?
Profit describes the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question. Any profits earned funnel back to business owners, who choose to either pocket the cash or reinvest it back into the business.
Which is the best definition of profit?
the income received from selling one additional unit of a good or service. maximize. to make as large as possible. profit. income received from an economic action, minus the costs of taking the action. revenue. the total income received from an economic action.
What does profit stand for?
What does PROFIT mean? net income, net, net profit, lucre, profit, profits, earnings (noun) the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) see more ».