Longman Dictionary of Contemporary English - profit

~1 n 1 money that you gain by selling things or doing business  (They sold the business and bought a yacht with the profits. | The profit each day from the snack bar is usually around $. | make (a) profit)  (The telephone companies are making handsome profits every day. (=very large ones) | at a profit)  (They sold their house at a huge profit. | clear profit)  (Suzanne made a clear profit of -200 on the car sale | net profit (=after tax etc is paid) | gross profit (=before tax etc is paid) | bring sth into profit (=gain money from it)) 2 an advantage that you gain from doing something  (reading for profit and pleasure)  (- see also non­profitmaking) ~2 v formal to be useful or helpful to someone  (It will profit you nothing to follow his example.) profit by/from sth phr v to learn from something that happens, or get something good from a situation  (My wardrobe definitely profited from having a stylish older sister.)