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Profit

From High School Online Collaborative Writing

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[edit] Definition

The word Profit means to buy an item than sell it for more money than what you paid for it which you are going to gain more money which will benefit for you. The return received on a business undertaking after all operating expenses have been met. The return received on an investment after all charges have been paid. Often used in the plural. This is the rate of increase in the net worth of a business enterprise in a given accounting period. Income received from investments or property. The amount received for a commodity or service in excess of the original cost.

[edit] Quotation

"In the late 18th century, Saint Domingue was the most profitable colony in the Americas." - Michel-Rolph Trouillot, The Haitian Revolution and its Impact on the Americas

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Profit

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