What results from revenues when all expenses have been paid. See Creating Your Pitch: Business Model and Financial Projections.
the difference between the price received for a product and its cost (the price of the factors of production used to make it); excess of revenues over expenses; an entrepreneur's reward for using factors of production in economic activity.
That portion of a fee not included as a direct or overhead cost. Profit is considered the benefit accrued for doing business.
Gross profit - profit of a company before allowing for the expenses of running the business. This is not a reliable measure of a company's ability to provide income, as not all of the gross profit will be available to the owners for distribution. Net profit -net profit - the income of a company or self employed business after making full allowance for the expenses of running the business (and, in the case of a limited company, corporation tax.) This should be the amount available to the owner(s) of the business for their own benefit and consequently is the figure that can be used to calculate their ability to service a mortgage.
The difference between the cost of goods and services, and their sale price.
The income remaining after all business expenses are paid.
The money gained after all expenses have been paid.
A measure of the results of a business on the basis of accruals accounting (see above). (See also Gross profit, Operating profit, Profit before tax, Profit after tax.)
Generally characterized as the basic motive of business enterprise. In contract pricing, profit represents the projected or known monetary excess realized by a producer or performer after the deduction of cost (both direct and indirect) incurred or to be incurred in the performance of a job, task or series of the same.
Financial gain remaining to an employer or company after all expenses are subtracted from the amount received.
Gain from the sale of an investment, such as stocks, bonds, or real estate.
The net gain from an activity. For a firm: revenue minus cost.
Revenue minus cost. The amount one makes on a transaction.
what remains after all business expenses have been deducted from sales revenue
The difference between total revenue and total cost. The residual revenue left after all costs of production and doing business have been paid.
How much money you have left over after you sell your product. Calculate it by subtracting the total cost of making, advertising, and distributing your product from the amount you charge for it.
Total revenue less total expenses for a period of time calculated according to generally accepted accounting principals.
the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
make a profit; gain money or materially; "The company has not profited from the merger"
a gain in any walk of life like the academical, political, financial, social, cultural and religious walks
a reward for being efficient
The difference between a firm's revenue and its total economic costs; it is also called "economic profit."
The amount of money you earn from your sales. For example, if you sell 50 teacups at $10 each, and they each cost $7 to make, your profit would be $3 per teacup or $150 total.
What remains (if anything) after a business's expenses are subtracted from its sales revenues.
The amount of money that remains after all expenses (total costs) are paid.
Money that a business makes after it has paid all of its expenses. For example, say you have a lemonade stand. In the morning, you go to the store to buy your supplies. It costs you $5 to buy the lemons, sugar, and everything else for your business. At the end of the day, you count your money and find you have sold $10 worth of lemonade. You have $5 more at the end of the day than you had at the beginning. This extra $5 you have made is a profit.
The difference between a firm's total revenue and total cost when revenue exceeds cost.
The difference between total revenue and total expenses when total revenue is higher ($75.00[r] - $50.00[e] = +$25.00).
The excess of the selling price over all costs and expenses incurred in making the sale. Also, the reward to the entrepreneur for the risks assumed by him in the establishment, operation, and management of a given enterprise or undertaking.
What the company has earned from its sales, minus what it has spent in taxes, rent, supplies, wages, etc.
The amount a business earns when the money received from selling its product or service is greater than its costs
The excess of revenues over costs in a business.
The revenue in excess of expenditure. The total revenue less all overheads yields the net profit.
The gain of a business or an investment after all expenses have been met.
The money left over after all costs have been paid on a trading venture.
Financial profit, return on costs. In other words, profit is what is left after all payments have been made.
Revenue minus cost: How much you make on a transaction.
The difference between the revenues earned in a given period and the costs incurred in earning them.
The difference between a business's total revenue or sales receipts and the total of its production costs, operating expenses and taxes.
The positive difference between the cost of providing a product or service and the amount of net compensation received in exchange.
Also called net income or net earnings. It is what's left after deducting all expenses from sales and/or other revenues.
The excess of income over all costs and expenses.... read full article
The excess of total revenue over total expenses for a period of time.
The total gains earned on an investment from all sources after all expenses have been paid.
The difference between your income and your expenses. For example, if you sell a product for $20 and it costs you $5 to produce and deliver it, then your profit is $5.
What is left over for the owners of a business after all expenses have been deducted from revenues. Gross profit is the profit before corporate income taxes. Net profit is the final profit of the business after taxes have been paid.
the amount of money you earn after you deduct the cost of the product you sold from the sales price you sold it for. If you sell 10 DVDs for $ 99.95 each and each cost you $ 39.95 to produce and ship then your profit would be $ 60.00 per DVD or a total of $ 600.00 total profit for the 10 DVDs you sold.
The excess of income over all costs, including the interest cost of the wealth invested. This means making money after one has paid all the expenses in a business.
the difference between the price charged by a contractor for providing a product, and the actual cost the contractor incurs to make the product
the amount left over when expenses are subtracted revenues. Gross profit is the profit left when cost of sales is subtracted from sales, before any operating expenses are subtracted. Operating profit is the profit from the primary operations of a business and is sales minus cost of sales minus operating expenses. Net profit before taxes is operating profit minus non-operating expenses and plus non-operating income. Net profit after taxes is the bottom line, after everything has been subtracted. Also called income, net income, earnings. Not the same as cash flow and does not represent spendable dollars.
Income received for entrepreneurial skills and risk taking, calculated by subtracting all of a firm's explicit and implicit costs from its total revenues. View Capstone Lesson(s) that address this concept
Gross profit of a company before allowing for the legitimate expenses of running the business. Not all of the profits left over will be available for the business owner(s) to use as income so it is not always a reliable measure of total income for lending purposes.
The difference between business income and expenses. Your tax bill is based on your profit if you work for yourself.
Revenue left over after the costs of the production process have been paid.
Money gained for selling something for more than one paid for it. An excess of income over expenses. Advantage or benefit.
Difference between revenues and expenses on a transaction.
See Gross profit , Net profit , and Profit and Loss Account .
The difference between total revenues and the full costs involved in producing or selling a good or service; it is a return for risk taking.
The excess amount realized from the sales of goods over the cost thereof in a given transaction or over a given period.
money which remains after all costs have been taken away from income
Also called net income or earnings, profit is the money a business has left after it pays its operating expenses, taxes, and other current bills.
the money you've earned after you subtract a) any money you had to spend to make the product or perform the service. B) any taxes that had to be paid on your earnings.
The net earnings accruing from the successful production or sale of goods and services: that is, the residual remaining to the entrepreneur after all payments for capital (interest), land (rent), labor (including management costs, salaries, and wages), raw materials, taxes and depreciation. If a business fares poorly, profits may be negative, in which case they become losses. See also Entrepreneur; Market; Production; Risk.
revenue minus the costs of production. If it costs $2 to make lemonade and the revenue was $5, the profit is $3.
Net income minus expenses. An accounting of income and expenses for a specified period. Also called an income statement.
The money gained after al expenses have been paid.
When the income from an investment or a trade or business exceeds the expenses in a given tax year. Profit also includes appreciation in the value of assets. This concept is particularly relevant to timber, which appreciates in value through physical growth and enhanced quality even though it may not be harvested for a period of years. Also see ‘For profit,” “Income,” and ‘Loss.
The difference between revenue from sales of the catch and the cost of fishing.
Total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles.
In general, the useful result that one gets from doing business. "Profit" is one of those terms, like "capital" or "wealth", that is often used in many different ways. For example, "economic profit" is the return above one's opportunity costs, while "accounting profit" is the return over what one actually spent. It helps to try to make sure what people mean when they use terms like this.
Profit is an accounting concept, normally the bottom l;ine of the Income Statement, which is also called Profit or Loss statement. Start with sales, subtract all costs of sales and all expenses, and that produces profit before tax. Subtract tax to get net
What is left over for the owner(s) of a business after all expenses have been deducted from the revenues of a firm. Gross profit is the profit before corporate income taxes. Net profit is the final profit after all deductions have been made.
A profit is when the amount of revenue earned is greater than the expenses of running the business.
Net gain; income in excess of applicable expense.
Another term for net income.
The surplus of revenue generated over expenses incurred for a particular accounting period. Operating Profit refers to the profit generated before interest and tax have been taken into account.
The amount of money you earn from your sales. For example, if you sell 10 videos at $47.00 each, and each costs $10 to produce and ship, your profit would be $37.00 per video or $370.00 total.
is total revenue - (explicit + implicit costs)
the surplus after expenses have been deducted from sales. Page 7
The term used to describe the amount of income received after deducting all the expenses paid out in earning that income. May also be used to describe the amount you receive on the sale of an asset after deducting the cost of the asset and any expenses that you incurred in buying or selling that asset.
A general term for the excess of revenue, proceeds, or selling price over related costs.
Excess of revenue over expenses relating to a particular period. Figures may be quoted as gross profit, net profit before tax, net profit after tax or earnings. Profit, trading profit and operating profit all refer to the profit before interest and tax.
Financial gain, or revenues minus expenses. Profit is the overarching mission of private-sector companies. Nonprofit or governmental organizations either operate at a loss or attempt to achieve a zero profit; for them the overarching mission is a charter for a service, or a goal to be achieved. Therefore, there is a basic distinction in measures of strategic success between profit and nonprofit or governmental organizations.
the net proceeds obtained by deducting all allowable costs (direct and indirect) from the price. Definition may vary with funders.
Business revenue minus all expenses.
The earnings a company realizes after all costs, expenses and taxes have been paid. It is calculated by subtracting business, depreciation, interest and tax costs from revenues. Profit is the supreme measure of value as far as the market is concerned. Profit is also called earnings or net income.
The amount of money that is left after all expenses have been paid.
The amount of money left after expenses have been subtracted from income.
Net income after taxes, excluding extraordinary gains or losses.
the remainder after the total cost of doing business is calculated and subtracted; value that is clear of all costs; i.e., clear profit. An economic profit is the return a business makes on invested capital, minus the cost of capital, times the amount of invested capital The Strategic Alignment Handbook. definition of profit defined definition of clear profit defined definition of economic profit defined
The difference between a business's revenues and operating expenses (cf. earnings).
Synonymous with Income and Earnings
Compensation an entrepreneur receives for the assumption of risk in a business venture. Also called net income.
The amount one makes over and above one's cost
1. The sum remaining after all costs, direct and indirect, are deducted from the income of a business. 2. Financial gain obtained from the use of capital in a transaction. 3. Gain or Benefit.
Profit, from Latin meaning "to make progress", is defined in two different ways. (Pure) economic profit is a positive return made on an investment by an individual or by business operations after all costs, including a normal return to capital and returns to risk, are accounted for. Accounting profit is the difference between retail sales price and the costs of manufacture.
