What's the difference between profit and racket?

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.

Racket


Definition:

  • (n.) A thin strip of wood, having the ends brought together, forming a somewhat elliptical hoop, across which a network of catgut or cord is stretched. It is furnished with a handle, and is used for catching or striking a ball in tennis and similar games.
  • (n.) A variety of the game of tennis played with peculiar long-handled rackets; -- chiefly in the plural.
  • (n.) A snowshoe formed of cords stretched across a long and narrow frame of light wood.
  • (n.) A broad wooden shoe or patten for a man or horse, to enable him to step on marshy or soft ground.
  • (v. t.) To strike with, or as with, a racket.
  • (n.) Confused, clattering noise; din; noisy talk or sport.
  • (n.) A carouse; any reckless dissipation.
  • (v. i.) To make a confused noise or racket.
  • (v. i.) To engage in noisy sport; to frolic.
  • (v. i.) To carouse or engage in dissipation.

Example Sentences:

  • (1) I would hope that a Labour party led by Ralph Miliband's son would recognise that, and be committed to ending the capitalist racket once and for all.
  • (2) In language eerily familiar to student politicians across the land, Abetz continued: “The new managing director will inherit an unbalanced and largely centralised public broadcaster which has become a protection racket for the left ideology.” For decades the highly trusted public broadcaster has weathered a relentless stream of attacks by the crusaders of the (increasingly) hard right in Australia.
  • (3) "I was skint," claims Reni, adding, "when I went to audition for this lot I thought that they were a horrible racket, but I was struck by their commitment.
  • (4) There is the tennis racket kitted out with motion sensors to help you improve your game .
  • (5) The influences of body weight, skill level, and tennis racket construction onto the magnitude of vibrations at wrist and elbow were investigated.
  • (6) for the word "brave" at the end of the national anthem, still booed the Panthers' players as they entered the field and still made a racket as the opposition lined up for key third downs.
  • (7) Libertarianism in the hands of these people is a racket.
  • (8) "I've always liked being on the court, I never like just putting the rackets away for two and a half, three weeks.
  • (9) Mexican drug cartels have been waging an increasingly bloody war to control smuggling routes, the local drug market and extortion rackets, including shakedowns of migrants seeking to reach the United States.
  • (10) He's still a genius, he's still got it, and that bigger racket seems to be suiting him perfectly.
  • (11) Jamie changed rackets after netting a smash on the final point of the fourth game but there seemed something more fundamentally wrong with his tennis than his equipment.
  • (12) If the 40-year-old and his three co-accused are sent to the US they will face charges of racketeering, money laundering and copyright theft, carrying potential jail terms of 20 years.
  • (13) Their influence was such that they dealt directly with government ministers, he said, and steered clear of low-level criminal activities such as racketeering.
  • (14) Murray earned $1.9m (£1.1m) for his maiden major victory to go with career earnings of $21.5m (£13.4m) and is worth £24m through endorsements and prize-money; Perry turned pro after beating Budge and made much more through his famous shirts than he ever did with a tennis racket.
  • (15) Planned Parenthood’s lawsuit, filed in California, accuses the group of violating the Racketeer Influence and Corrupt Organization Act.
  • (16) Ben Stephenson, the BBC's head of drama, said much the same at the Edinburgh festival but did not add that television is a racket, too.
  • (17) The officer told Amnesty some police have established a racket with funeral homes, who pay them for each dead body sent their way.
  • (18) The assistants – old garage heads who clearly loathed this racket the kids were making – dismissively lobbed a pile of white labels on to the counter.
  • (19) German publishers have attempted to sue Eyeo , the makers of the most popular ad-blocking software, Ad Block Plus, which charges publishers for putting them on a “whitelist” of sites whose ads it allows to pass through its systems (an approach Jarvis labels “racketeering”).
  • (20) Much of the mutual "business" of the SNB is based on simple rackets, construction on some of the biggest plots and state tenders, all controlled by a group of top people in the SNB.