Profited
/ˈprɒfɪtɪd/
Definitions
- (v.) Past tense of profit, meaning to have gained a benefit, often financial, especially in a legal or commercial context.
The company profited from the patent licensing agreement.
Related terms
See also
Commentary
As a past tense verb, 'profited' derives from 'profit' and is typically used to describe realized benefits or gains in legal and commercial scenarios.
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.