What is the difference between profit and loss?
profit | loss | Antonyms |
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
* {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=68, magazine=(The Economist)
, title= (dated, literary) Benefit, positive result obtained.
* Bible, 1 Corinthians vii. 35
* Shakespeare
(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).
To benefit (somebody), be of use to (somebody).
* Bible, Hebrews iv. 2
* Dryden
To benefit, gain.
To take advantage of, exploit, use.
an instance of losing, such as a defeat
The result of an alteration in a function or characteristic of the body, or of its previous integrity.
the hurtful condition of having lost something or someone
(in the plural) casualties, especially physically eliminated victims of violent conflict
(financial) the sum an entity loses on balance
destruction, ruin
(engineering) electricity of kinetic power expended without doing useful work
Loss is a antonym of profit.
As nouns the difference between profit and loss
is that 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 while loss is an instance of losing, such as a defeat.As a verb profit
is to benefit (somebody), be of use to (somebody).profit
English
(wikipedia profit)Noun
(en noun)- Let no man anticipate uncertain profits .
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.}}
- This I speak for your own profit .
- if you dare do yourself a profit and a right
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
* gainAntonyms
* lossVerb
(en verb)- The word preached did not profit them.
- It is a great means of profiting yourself, to copy diligently excellent pieces and beautiful designs.
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 takingExternal links
* * ----loss
English
Alternative forms
* (obsolete)Noun
(es)- The match ended in their first loss of the season.
- Loss of an arm ; loss of weight ; loss of cognitive functions ; loss of appetite.
- We mourn his loss .
- The battle was won, but losses were great.
- ''The sum of expenditures and taxes minus total income is a loss , when this difference is positive.
- ''It was a terrible crash: both cars were total losses
- The inefficiency of many old-fashioned power plants exceeds 60% loss''' before the subsequent ' losses during transport over the grid