What's the difference between cost and profit?

Cost


Definition:

  • (n.) A rib; a side; a region or coast.
  • (n.) See Cottise.
  • (imp. & p. p.) of Cost
  • (v. t.) To require to be given, expended, or laid out therefor, as in barter, purchase, acquisition, etc.; to cause the cost, expenditure, relinquishment, or loss of; as, the ticket cost a dollar; the effort cost his life.
  • (v. t.) To require to be borne or suffered; to cause.
  • (v. t.) The amount paid, charged, or engaged to be paid, for anything bought or taken in barter; charge; expense; hence, whatever, as labor, self-denial, suffering, etc., is requisite to secure benefit.
  • (v. t.) Loss of any kind; detriment; pain; suffering.
  • (v. t.) Expenses incurred in litigation.

Example Sentences:

  • (1) Simplicity, high capacity, low cost and label stability, combined with relatively high clinical sensitivity make the method suitable for cost effective screening of large numbers of samples.
  • (2) An effective graft-surveillance protocol needs to be applicable to all patients; practical in terms of time, effort, and cost; reliable; and able to detect, grade, and assess progression of lesions.
  • (3) In the bars of Antwerp and the cafes of Bruges, the talk is less of Christmas markets and hot chocolate than of the rising cost of financing a national debt which stands at 100% of annual national income.
  • (4) Issues such as healthcare and the NHS, food banks, energy and the general cost of living were conspicuous by their absence.
  • (5) In choosing between various scanning techniques the factors to be considered include availability, cost, the type of equipment, the expertise of the medical and technical staff, and the inherent capabilities of the system.
  • (6) In documents due to be published by the bank, it will signal a need to shed costs from a business that employs 10,000 people as it scrambles to return to profit.
  • (7) This study examines the costs of screening patients for alcohol problems.
  • (8) A recent visit by a member of Iraq's government from Baghdad to Basra and back cost about $12,000 (£7,800), the cable claimed.
  • (9) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (10) There was a 35% decrease in the number of patients seeking emergency treatment and one study put the savings in economic and social costs at just under £7m a year .
  • (11) Environment groups Environment groups that have strongly backed low-carbon power have barely wavered in their opposition to nuclear in the last decade, although their arguments now are now much about the cost than the danger it might pose.
  • (12) From the social economic point of view nosocomial infections represent a very important cost factor, which could be reduced to great deal by activities for prevention of nosocomial infection.
  • (13) The stepped approach is cost-effective and provides an objective basis for decisions and priority setting.
  • (14) Failure to develop an adequate resource will be costly in the long run.
  • (15) The method is implemented with a digital non-causal (zero-phase shift) filter, based on the convolution with a finite impulse response, to make the computation time compatible with the use of low-cost microcomputers.
  • (16) Cost-effective immunoassays for the detection of amphetamines, benzodiazepines, and methadone in urine have been developed using Syva EMIT reagents and a Cobas Bio centrifugal analyser.
  • (17) Total costs of building the three missile destroyers in Australia will amount to more than $9bn, approximately three times the cost of buying the ships ready made from Spanish company Navantia, The Australian reported on Friday .
  • (18) For the non-emergency admissions, the low-load physicians' patients had an average LOS that was 56.2% greater and an average hospital cost that was 58.3% greater than were the LOS and cost of the patients of the high-load physicians.
  • (19) The aim of this paper is to demonstrate that the problems which arise from simultaneously developing regulatory and competitive approaches to health care cost containment can be solved, if recognized, and that those problems deserve more systematic investigation than they have so far received.
  • (20) But that gross margin only includes the cost of paying drivers as a cost of revenue, classifying everything else, such as operations, R&D, and sales and marketing, as “operating expenses”.

Profit


Definition:

  • (n.) Acquisition beyond expenditure; excess of value received for producing, keeping, or selling, over cost; hence, pecuniary gain in any transaction or occupation; emolument; as, a profit on the sale of goods.
  • (n.) Accession of good; valuable results; useful consequences; benefit; avail; gain; as, an office of profit,
  • (n.) To be of service to; to be good to; to help on; to benefit; to advantage; to avail; to aid; as, truth profits all men.
  • (v. i.) To gain advantage; to make improvement; to improve; to gain; to advance.
  • (v. i.) To be of use or advantage; to do or bring good.

Example Sentences:

  • (1) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (2) The country has no offshore wind farms, though a number of projects are in the research phase to determine their profitability.
  • (3) In documents due to be published by the bank, it will signal a need to shed costs from a business that employs 10,000 people as it scrambles to return to profit.
  • (4) Helsby, who joined the estate agent in 1980, saw his basic salary unchanged at £225,000, but gains a £610,000 windfall in shares, available from May, as well as a £363,000 increase in cash and shares under the company profits-sharing scheme.
  • (5) But not only did it post a larger loss than expected, Amazon also projected 7% to 18% revenue growth over the busiest shopping period of the year, a far cry from the 20%-plus pace that had convinced investors to overlook its persistent lack of profit in the past.
  • (6) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
  • (7) Analysts have trimmed their profit forecasts for this year with trading profits of £3.3bn pencilled in compared with £3.5bn in 2012-13.
  • (8) It argues that much of the support of for-profits derives from American market ideology and the assumption that the search for profits leads to efficiency in production.
  • (9) The company said it was on track to meet forecasts for annual profit of about £110m.
  • (10) Our positive experiences with IMACS discussed above should be even more profound and profitable for the larger medical institutions.
  • (11) Large price cuts seem to have taken a toll on retailer profitability, while not necessarily increasing sales substantially,” Barclaycard concluded.
  • (12) The retail and wholesale divisions powered the improved profits.
  • (13) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
  • (14) Knowing the risks of transporting cocaine from Africa to the US, and given the slim profit margin, “tell me who will be doing that kind of deal?” Chigbo asked.
  • (15) The expansion comes hot on the heels of another year of stellar growth in which Primark edged closer to overtaking high street stalwart M&S in sales and profits.
  • (16) This year we are growing at more than 20% in terms of volume, but the issue is profit margin.
  • (17) But without the US business, it will be more reliant on its European business, as well as being less profitable.
  • (18) Such tales of publicly subsidised private profits very much fit with the wider picture of relations between the City and the nation.
  • (19) Everton announce plan for new stadium in nearby Walton Hall Park Read more The club has set aside £2.5m to commence work on the stadium should its funding proposals – that Elstone claims will give the council an annual profit – gain approval.
  • (20) Where the taxpayer will pay now have to pay replace all the ageing power stations the privates sector has profited from for the last 30 years.

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