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. ... Profit is calculated as total revenue less total expenses.

What does profit mean in a sentence?

A profit is an amount of money that you gain when you are paid more for something than it cost you to make, get, or do it. ... If you profit from something, you earn a profit from it. No one was profiting inordinately from the war effort. He has profited by selling his holdings to other investors.

What is an example for profit?

Income minus all expenses. Example: Sam's Bakery received $900 yesterday, but expenses such as wages, food and electricity came to $650. So the Profit was $900 − $650 = $250.