Proceeds
/ˈproʊ.siːdz/
Definitions
- (n.) Money, property, or other benefits obtained from a transaction or event, especially from the sale of assets or illegal activities.
The criminal was ordered to forfeit all proceeds from the fraud.
Related terms
See also
Commentary
In legal contexts, proceeds often refer to the gains subject to claims like forfeiture or distribution and are distinct from gross receipts or income.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.