Difference between Profit and Proceeds

What is the difference between Profit and Proceeds?

Profit as a verb is to benefit (sb), be of use to (sb). while Proceeds as a verb is to move, pass, or go forward or onward; to advance; to carry on

Profit

Part of speech: verb

Definition: To benefit (sb), be of use to (sb). To benefit, gain. To take advantage of, exploit, use.

Part of speech: noun

Definition: 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. 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).

Proceeds

Part of speech: noun

Definition: Revenue; gross revenue.Profits; net revenue.

Part of speech: verb

Definition: To move, pass, or go forward or onward; to advance; to carry on

We hope you now know whether to use Profit or Proceeds in your sentence.

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