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.
Category: Economics, Entrepreneurship & Small Business
More from this Section
- Nominal partner
Nominal partner is an individual who is neither a part-owner of the partnership nor an ... - Required reserves
Required reserves is the reserves that are held to meet the Fed’s requirement that for ... - C corporation
A C corporation is a separate legal entity that, in the eyes of the law, is separate from ... - Regulatory forbearance
Regulatory forbearance is the regulators’ refraining from exercising their right to ... - Monetarism
Monetarism is strictly speaking, monetarism was a right-wing economic theory (associated ...