Define: Profit

UK Accounting Glossary

Definition: Profit


Quick Summary of Profit


Calculated as revenue minus expenses.



What is the dictionary definition of Profit?

Dictionary Definition



Full Definition of Profit




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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/profit/
Modern Language Association (MLA):
Profit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 22, 2019 https://payrollheaven.com/define/profit/.
Chicago Manual of Style (CMS):
Profit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/profit/ (accessed: July 22, 2019).
American Psychological Association (APA):
Profit. PayrollHeaven.com. Retrieved July 22, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/profit/

Definition Sources


Definitions for Profit are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.