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Benefice vs Profit - What's the difference?

benefice | profit |

As nouns the difference between benefice and profit

is that benefice is land granted to a priest in a church that has a source of income attached to it while profit is 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.

As verbs the difference between benefice and profit

is that benefice is to bestow a benefice upon while profit is to benefit (somebody), be of use to (somebody).

benefice

Noun

(en noun)
  • Land granted to a priest in a church that has a source of income attached to it.
  • *, NYRB, 2001, vol.1, p.323:
  • If after long expectation, much expense, travel, earnest suit of ourselves and friends, we obtain a small benefice at last, our misery begins afresh […].
  • * 2007 , Edwin Mullins, The Popes of Avignon , Blue Bridge 2008, p.94:
  • There were as many as one hundred thousand benefices offered during the period of his papacy, according to one chronicler and eyewitness.
  • (obsolete) A favour or benefit.
  • (Baxter)
  • (feudal law) An estate in lands; a fief.
  • Verb

    (benefic)
  • To bestow a upon
  • * {{quote-book, year=1917, author=George A. Stephen, title=Three Centuries of a City Library, chapter=, edition= citation
  • , passage=There are two volumes, "The Open Door for Man's approach to God" (London, 1650) and "A Consideration of Infant Baptism" (London, 1653), by John Horne, who was beneficed at All Hallows, King's Lynn. }}
  • * {{quote-book, year=1851, author=Horace Greeley, title=Glances at Europe, chapter=, edition= citation
  • , passage=You clergymen of the Established Church have been richly endowed and beneficed expressly for this work--why don't you'' DO ''it? }} ----

    profit

    English

    (wikipedia profit)

    Noun

    (en noun)
  • 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.
  • * Rambler
  • Let no man anticipate uncertain profits .
  • * {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=68, magazine=(The Economist)
  • , title= T time , passage=The ability to shift profits' to low-tax countries by locating intellectual property in them, which is then licensed to related businesses in high-tax countries, is often assumed to be the preserve of high-tech companies. […] current tax rules make it easy for all sorts of firms to generate […] “stateless income”: ' profit subject to tax in a jurisdiction that is neither the location of the factors of production that generate the income nor where the parent firm is domiciled.}}
  • (dated, literary) Benefit, positive result obtained.
  • * Bible, 1 Corinthians vii. 35
  • This I speak for your own profit .
  • * Shakespeare
  • if you dare do yourself a profit and a right
  • (legal) 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 correct. Negative profit does appear in microeconomics. Profit by a government agency is called a surplus.

    Synonyms

    * gain

    Antonyms

    * loss

    Verb

    (en verb)
  • To benefit (somebody), be of use to (somebody).
  • * Bible, Hebrews iv. 2
  • The word preached did not profit them.
  • * Dryden
  • It is a great means of profiting yourself, to copy diligently excellent pieces and beautiful designs.
  • To benefit, gain.
  • To take advantage of, exploit, use.
  • Derived terms

    * book profit * for-profit * for fun and profit * nonprofit * not-for-profit * paper profit * profit from * profitable * profitably * profiteer * profit margin * profit sharing * profit taking