Difference between Profits and Winnings

What is the difference between Profits and Winnings?

Profits as a noun is 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. while Winnings as a noun is the spoils of a win; something that has been won

Profits

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. Collective form of profit.

Part of speech: verb

Definition: To benefit (somebody), be of use to (somebody).

Example sentence: I think, definitely, this country needs a lower corporate tax rate and tax reform so that we can get our profits that we've made overseas back into the country without heavy penalties. And if that happens, I think that would be very good for the market and all of that.

Winnings

Part of speech: noun

Definition: The spoils of a win; something that has been won

We hope you now know whether to use Profits or Winnings in your sentence.

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