profit

The amount of money received for goods and services minus the amount spent on same; excess revenue. See also profit à prendre. profit à prendre n. French. Profit to take. The right to take minerals, soil, trees, animals, or the like from the land of another. adj. Latin.For pro forma form. 1Done as a formality, rather than because of conviction, in order to make possible further proceedings. 2 In accounting procedures, done in advance to provide a what-if statement, predict results, or to conv...

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