a b c d e f g h i j k l m n o p q r s t u v w y z search

TeachMeFinance.com - explain profit profit -- the excess of income over all costs and expenses. historic definition... Profit -- Excess of receipts over expenditures. Gross profit is the remainder after deduction of first cost; net profit is the remainder after deduction of cost and all charges (as interest or wages, etc.). About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.