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Profit vs Remuneration - What's the difference?

profit | remuneration |

As nouns the difference between profit and remuneration

is that profit is profit while remuneration is pay; remuneration.

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

    Related terms

    * proficiency * proficient

    External links

    * * ----

    remuneration

    English

    (wikipedia remuneration)

    Noun

    (en noun)
  • Something given in exchange for goods or services rendered.
  • * {{quote-book
    • , year=1885) , author=H. Rider Haggard , title=King Solomon's Mines , chapter=2 citation , passage=“Mr. Quatermain,” said the former, “I am well off, and I am bent upon this business. You may put the remuneration for your services at whatever figure you like in reason, and it shall be paid over to you before we start. Moreover, I will arrange in the event of anything untoward happening to us or to you, that your son shall be suitably provided for. You will see from this offer how necessary I think your presence. Also if by chance we should reach this place, and find diamonds, they shall belong to you and Good equally. I do not want them. But of course that promise is worth nothing at all, though the same thing would apply to any ivory we might get. You may pretty well make your own terms with me, Mr. Quatermain; and of course I shall pay all expenses.”}}
  • A payment for work done; wages, salary, emolument.
  • A recompense for a loss; compensation.

    • Synonyms

    * (l) * (l) * (l) * (l) * (l) * (l) * (l) * (l)

    Related terms

    * (l) * (l) * (l) * (l) * (l) * (l)

    External links

    * *