What's the difference between income and profit?

Income


Definition:

  • (n.) A coming in; entrance; admittance; ingress; infusion.
  • (n.) That which is caused to enter; inspiration; influence; hence, courage or zeal imparted.
  • (n.) That gain which proceeds from labor, business, property, or capital of any kind, as the produce of a farm, the rent of houses, the proceeds of professional business, the profits of commerce or of occupation, or the interest of money or stock in funds, etc.; revenue; receipts; salary; especially, the annual receipts of a private person, or a corporation, from property; as, a large income.
  • (n.) That which is taken into the body as food; the ingesta; -- sometimes restricted to the nutritive, or digestible, portion of the food. See Food. Opposed to output.

Example Sentences:

  • (1) 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.
  • (2) This would disrupt and prevent Isis from maintaining stable and reliable sources of income.
  • (3) Meanwhile, reductions in tax allowances on dividends for company shareholders from £5,000 down to £2,000 represent another dent to the incomes of many business owners.
  • (4) Brown's model, which goes far further than those from any other senior Labour figure, and the modest new income tax powers for Holyrood devised when he was prime minister, edge the party much closer to the quasi-federal plans championed by the Liberal Democrats.
  • (5) Occupational income per patient was higher in intervention patients than in the usual care group in the 6 months after AMI ($9,655 vs $7,553).
  • (6) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (7) I am rooting hard for you.” Ronald Reagan simply told his former vice-president Bush: “Don’t let the turkeys get you down.” By 10.30am Michelle Obama and Melania Trump will join the outgoing and incoming presidents in a presidential limousine to drive to the Capitol.
  • (8) Groups were similar with respect to age, sex, school experience, family income, housing, primary language spoken, and nonverbal intelligence.
  • (9) There was a rise of prevalence with age and higher-income groups.
  • (10) As a strategy to reach hungry schoolchildren, and increase domestic food production, household incomes and food security in deprived communities, the GSFP has become a very popular programme with the Ghanaian public, and enjoys solid commitment from the government.
  • (11) They also questioned why George Osborne and the Treasury failed to realise there was a potential issue earlier in the calculation process – pointing to recent upwards revisions of post-1995 gross national income by the UK’s own statistics watchdog.
  • (12) The eight senators, including the incoming ranking member Mark Warner of Virginia, wrote to Barack Obama to request he declassify relevant intelligence on the election.
  • (13) This paper, which draws on the author's experience as chairman of the Committee on Health Care for Homeless People of the Institute of Medicine (IOM), describes what is known about the characteristics of homeless persons and the causes of homelessness, and about the health status of homeless persons, which is often not very good (but not significantly worse, it would appear, than that of other low-income persons).
  • (14) After controlling for age and cigarette smoking status, BMI was significantly related to education, income, occupation, and marital status in both men and women.
  • (15) "It is very satisfying work," says the 28-year-old, who earns a net monthly salary of 23,000 kwatcha ($80), probably one of the highest incomes in the village.
  • (16) It’s not like there’s a simple answer.” Vassilopoulos said: “The media is all about entertainment.” “I don’t think they sell too many papers or get too many advertisements because of their coverage of income inequality,” said Calvert.
  • (17) We reported previously that glutamine:F-6-P amidotransferase (GFAT) plays an integral role in the development of insulin resistance by directing the flow of incoming glucose into the hexosamine biosynthesis pathway.
  • (18) The deteriorating situation would worsen if ministers pressed ahead with another controversial Lansley policy – that of abolishing the cap on the amount of income semi-independent foundation trust hospitals can make by treating private patients.
  • (19) Energy UK said the help offered by its members to pensioners and low-income households was the equivalent of giving shoppers £135 per year.
  • (20) The report's authors warns that to limit their spending councils will have "an incentive to discourage low-income families from living in the area" and that raises the possibility that councils will – like the ill-fated poll tax of the early 1990s – be left to chase desperately poor people through the courts for small amounts of unpaid tax.

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.