different between profit vs assets
profit
English
Etymology
From Middle English profit, from Old French profit (Modern French profit), from Latin pr?fectus (“advance, progress, growth, increase, profit”), from profici? (“to go forward, advance, make progress, be profitable or useful”).
Pronunciation
- (Received Pronunciation) enPR: pr?f?it, IPA(key): /?p??f?t/
- (General American) enPR: pr?f?it, IPA(key): /?p??f?t/
- Homophone: prophet
- Rhymes: -?f?t
- Hyphenation: prof?it
Noun
profit (countable and uncountable, plural profits)
- (accounting, economics) Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price.
- October 2, 1750, Samuel Johnson, The Rambler
- Let no man anticipate uncertain profits.
- October 2, 1750, Samuel Johnson, The Rambler
- (dated, literary) Benefit, positive result obtained.
- 1611, Bible (King James Version), 1 Corinthians vii. 35
- This I speak for your own profit.
- 1611, Bible (King James Version), 1 Corinthians vii. 35
- (law) In property law, a nonpossessory interest in land whereby a party is entitled to enter the land of another for the purpose of taking the soil or the substance of the soil (coal, oil, minerals, and in some jurisdictions timber and game).
Usage notes
Regarding the income sense, when the difference is negative, the term loss is preferred. Negative profit does appear in microeconomics.Profit by a government agency is called a surplus.
Synonyms
- gain
Antonyms
- loss
Derived terms
- for-profit
- non-profit
Translations
Verb
profit (third-person singular simple present profits, present participle profiting, simple past and past participle profited)
- (transitive) To benefit (somebody), be of use to (somebody).
- The word preached did not profit them.
- 1695, John Dryden (translator), Observations on the Art of Painting by Charles Alphonse du Fresnoy
- It is a great means of profiting yourself, to copy diligently those excellent pieces and beautiful designs.
- (intransitive, construed with from) To benefit, gain.
- (intransitive, construed with from) To take advantage of, exploit, use.
Translations
Derived terms
Related terms
- proficiency
- proficient
Further reading
- profit in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913.
- profit in The Century Dictionary, New York, N.Y.: The Century Co., 1911.
Anagrams
- forpit
Catalan
Etymology
From Latin pr?fectus.
Pronunciation
- (Balearic, Central) IPA(key): /p?u?fit/
- (Valencian) IPA(key): /p?o?fit/
Noun
profit m (plural profits)
- benefit, advantage
Derived terms
- aprofitar
- bon profit
- profitós
Further reading
- “profit” in Diccionari de la llengua catalana, segona edició, Institut d’Estudis Catalans.
- “profit” in Gran Diccionari de la Llengua Catalana, Grup Enciclopèdia Catalana.
- “profit” in Diccionari normatiu valencià, Acadèmia Valenciana de la Llengua.
- “profit” in Diccionari català-valencià-balear, Antoni Maria Alcover and Francesc de Borja Moll, 1962.
French
Etymology
From Old French profit, from Latin pr?fectus.
Pronunciation
- IPA(key): /p??.fi/
Noun
profit m (plural profits)
- profit, benefit
Derived terms
Further reading
- “profit” in Trésor de la langue française informatisé (The Digitized Treasury of the French Language).
Hungarian
Etymology
Borrowed from German Profit.
Pronunciation
- IPA(key): [?profit]
- Hyphenation: pro?fit
- Rhymes: -it
Noun
profit (plural profitok)
- profit (total income or cash flow minus expenditures)
- Synonyms: haszon, nyereség
Declension
References
Further reading
- profit in Bárczi, Géza and László Országh: A magyar nyelv értelmez? szótára (’The Explanatory Dictionary of the Hungarian Language’). Budapest: Akadémiai Kiadó, 1959–1962. Fifth ed., 1992: ?ISBN
Norman
Etymology
From Old French profit, from Latin profectus (“advance, progress, growth, increase, profit”).
Noun
profit m (plural profits)
- (Jersey) profit
Romanian
Etymology
From French profit.
Noun
profit n (plural profituri)
- profit
Declension
Serbo-Croatian
Pronunciation
- IPA(key): /pr?fi?t/
- Hyphenation: pro?fit
Noun
pròf?t m (Cyrillic spelling ???????)
- profit
Declension
Tok Pisin
Etymology
From English profit.
Noun
profit
- profit
- interest
profit From the web:
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assets
English
Pronunciation
- IPA(key): /?æsets/
Noun
assets
- plural of asset
Noun
assets pl (normally plural, singular asset)
- (finance) Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
- His assets are much greater than his liabilities.
- (accounting) The left side of a balance sheet.
- The assets must equal liabilities, otherwise there is an error in your balance sheet.
- (law) Sufficient estate; property sufficient in the hands of an executor or heir to pay the debts or legacies of the testator or ancestor to satisfy claims against it.
- Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
- (slang, vulgar, usually in the plural) Private parts; a woman's breasts or buttocks, or a man's genitalia.
Translations
Anagrams
- TESSAs, stases, tasses
Danish
Noun
assets n
- definite genitive singular of as
Swedish
Noun
assets
- definite genitive singular of ass
assets From the web:
- what assets are exempt from medicaid
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- what assets to buy
- what assets mean
- what assets should be included in a will
- what assets make up wealth
- what assets can be taken in a lawsuit
- what assets are subject to probate in florida
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