Profits
/ˈprɒfɪts/
Definitions
- (n.) Monetary gain realized after deducting expenses, especially in business or legal contexts.
The company reported increased profits for the fiscal year.
Forms
- profit
Related terms
See also
Commentary
In legal contexts, profits often relate to remedies such as disgorgement or the measurement of damages.
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.