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Definitions

for profit

[fer-prof-it] / fərˈprɒf ɪt /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The company’s better-than expected earnings were propelled by its new deal with OpenAI, signed in October as part of a restructuring the startup completed to create a for-profit arm.

From The Wall Street Journal

Microsoft owns roughly 27% of the for-profit entity, the value of which is reflected in Microsoft’s earnings.

From The Wall Street Journal

In the post, OpenAI said its founders and Musk had actually agreed in 2017 that a for-profit structure would be the next phase for the company.

From The Wall Street Journal

A fuller version of his diary entry appeared in the blog post, showing that while the founding team did have a preference for a for-profit company, they were still open to pursuing OpenAI’s mission within the nonprofit structure if it could raise enough capital.

From The Wall Street Journal

In other words, said Ipsita Smolinski of Washington-based advisory firm Capitol Street, the goal isn’t to undermine Medicare Advantage but to narrow the gap between large, for-profit insurers and smaller, nonprofit and regional Blue Cross plans.

From The Wall Street Journal