The-definition.com

Definition

Business profit

Business profit is the difference between business income (revenue) and business expenses (costs); the selling price of a product minus all costs of making and selling it, including taxes.

References
Share it:  Cite

More from this Section

  • Non-tradeable
    Some products cannot be transported over long distances, or otherwise sold to consumers ...
  • Arithmetic average
    Arithmetic average is a number calculated by adding together several figures and dividing ...
  • Monetizing the debt
    Monetizing the debt is a method of financing government spending whereby the government ...
  • Age-earnings profile
    Age-earnings profile is a graph showing the earnings of workers at different ages and ...
  • Regressive Tax
    Regressive Tax is a tax in which lower-income individuals or households bear a proportionately ...