What's the difference between profit and surplus?

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.

Surplus


Definition:

  • (n.) That which remains when use or need is satisfied, or when a limit is reached; excess; overplus.
  • (n.) Specifically, an amount in the public treasury at any time greater than is required for the ordinary purposes of the government.
  • (a.) Being or constituting a surplus; more than sufficient; as, surplus revenues; surplus population; surplus words.

Example Sentences:

  • (1) Richard Hill, deputy chief executive at the Homes & Communities Agency , said: "As social businesses, housing associations already have a good record of re-investing their surpluses to build new homes and improve those of their existing tenants.
  • (2) They also said no surplus that built up in the scheme, which runs at a £700m deficit, would be paid to any “sponsor or employer” under any circumstances.
  • (3) Quoting the BBC-commissioned survey of more than 2,000 adults, Lyons said they had been given six choices what to do with the licence fee surplus once digital switchover was complete.
  • (4) The Tories plan to start running a surplus from 2018.
  • (5) Any surplus food left over goes to anaerobic digestion energy plants, which turn food waste into electricity.
  • (6) He still insists that the nation will return to surplus by 2020 – a make-or-break target that will define the success or failure of his fiscal mission.
  • (7) He shares any dificit or surplus remaining at the end of the year.
  • (8) These surplus chromophores become esterified and are temporarily taken up by the pigment epithelium to be re-entered into the visual cycle as fast as they can be processed by the regenerative machinery of the rod outer segments.
  • (9) In the midst of this catastrophe, the troika is insisting on further austerity to achieve massive primary budget surpluses of 3% in 2015, 4.5% in 2016 and even more in future years.
  • (10) George Osborne’s hopes of securing a budget surplus by the time of the next general election rest on continuing high levels of net migration to Britain, the Office for Budget Responsibility has made clear.
  • (11) Industry surplus is hard to avoid, but what Community Shop shows is that if we all work together we can make sure that surplus food delivers lasting social good."
  • (12) However, he became surplus to requirements under Steve Bruce and followed Paulo da Silva and David Healy out of the Stadium of Light.
  • (13) Transfection with B beta cDNA not only increased the synthesis of B beta chain but also increased the rate of synthesis of the other two component chains of fibrinogen and maintained surplus intracellular pools of A alpha and gamma chains.
  • (14) The possibility that Osborne could adopt a flexible approach surfaced when John McDonnell, the shadow chancellor, asked him whether he would adopt a “less excessive surplus target”.
  • (15) Off came defensive midfielder Claudio Yacob, rendered surplus to requirements by the dismissals of Afellay and Adam, and on went forward Rickie Lambert.
  • (16) "The forces of capitalism are squeezing out anything that doesn't focus on extracting as much surplus value as it can from people and the planet.
  • (17) The persona that emerged during day two of Breivik's 10-week trial was a rambling, repetitive obsessive, fixated on a threat he never truly managed to articulate, but which involved "cultural Marxists", whom he claimed had destroyed Norway by using it as "a dumping ground for the surplus births of the third world".
  • (18) Even in zoos voted the best in Europe, the Captive Animals’ Protection Society has pointed out, there can be enough evidence of animals behaving abnormally, or a casual approach to culling any surplus, to avoid them or, ideally, close them down.
  • (19) Then you happen on a large notice board festooned with flyers and cards, many offering help, companionship and solidarity to those who have been deemed surplus to the requirements of consumerism.
  • (20) In the medium term, Athens will have to aim at a 3.5% primary surplus.