What's the difference between profit and wealth?

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.

Wealth


Definition:

  • (n.) Weal; welfare; prosperity; good.
  • (n.) Large possessions; a comparative abundance of things which are objects of human desire; esp., abundance of worldly estate; affluence; opulence; riches.

Example Sentences:

  • (1) This suggests his wealth exceeds the total worth of 2012 GOP nominee Mitt Romney, who was attacked for his wealth throughout the campaign.
  • (2) On the other hand, the expectation that authority will be bestowed by market forces following a miraculous ‘‘transfer of wealth’’ does suggest an alternative route to normal democratic processes: theocracy via plutocracy.
  • (3) Dinner is the usual “international” menu that few will bother with given the wealth of choice nearby.
  • (4) We have the nuclear-related wealth, which captures the highly skilled and the affluent and the upwardly mobile.
  • (5) If that's something to boast about, then living off inherited wealth must be something to be ashamed of.
  • (6) The current president of the supreme court, Lord Phillips, who steps down at the end of September, welcomed his successor, praising his "wealth of judicial experience" and "ability to lead a collegiate court".
  • (7) Sir Ken Morrison, supermarkets Jersey trusts protect the billion-pound wealth of the 83-year-old Bradford-born Morrisons supermarket founder and a large number of his family members.
  • (8) But through the takeover of land, exploitation of minerals and privatisation of resources, west Africa’s wealth is leaving in shiploads, just as it always has done.
  • (9) The sanctions that could be levied in the aftermath of the Geneva meeting were expected to focus on Putin's close associates, including oligarchs who control much of Russia's wealth, as well as businesses and other entities they control.
  • (10) The wealth of new information on BBM transport of Pi which has accumulated in recent years gives an indication of the importance and intellectual challenge that the mechanism of this process poses to investigators.
  • (11) According to the latest World Wealth Report from Merrill Lynch, there are now 10.1 million people worth more than $1m (£507,000), excluding the value of their homes.
  • (12) According to the latest available ABS data, which is for 2013-14, 72% of investment property assets are owned by, and 52% of investment property debt is owed by, households in the top 20% (ie the richest one-fifth) of the household wealth distribution.
  • (13) I believe in wealth creation and company profits, and for the government to play its part, and we have been working closely with business to shape that agenda.” Specifically, Miliband pointed out David Cameron, during his chairmanship of the G8 in 2013, had promised to make a crackdown on tax evasion one of his central goals.
  • (14) Good mental health brings with it a whole lot of goodies in Santa’s stocking, because after all, physical fitness and wealth are meaningless without it.
  • (15) The Tony Abbott lecturing the American president on taxation fairness is, of course, the one who as Australian prime minister is presiding over policies of taxation amnesty for the richest Australians who have themselves offshored their hidden wealth, capping their taxable liability to merely the last four years.
  • (16) A world of hidden wealth: why we are shining a light offshore Read more However, the Nahmad lawyers have also insisted that because the painting is not in New York and the IAC is based in Panama, the court case should not be allowed to proceed in the US.
  • (17) When the Occupy movement suggested a distinction between the 1% and the 99% in society, this was based on the distribution of wealth, going right to the root of social inequalities: the 1% are the multimillionaires.
  • (18) Part of the new wealth has been driven by the rise in commodity prices.
  • (19) The federal government wanted all this wealth for itself."
  • (20) Michael Yoshikami, the founder of Destination Wealth Management, said Citigroup had a long way to go.