Normal profit1

- 'normal' rate of return
- profit required for engaging firm in business
- opportunity cost

Economic profit2

- total revenue minus total cost


purchase price and the costs of bringing to market

A financial gain, esp. the difference between the amount earned and the amount spent in buying, operating, or producing something.


nonpossessory interest in land
obtain a financial advantage or benefit (via investment)

account of profits

equitable remedy in law

Further reading

  • Reginald Pelham Bolton, Building for profit: principles governing the economic improvement of real estate. De Vinne Press, 1922.
  • Robert Scudder Denham, Fundamentals of cost and profit calculation . Cost Engineer Publishing Co., 1919
  • John P. Vincent, Cost accountancy and profit figuring: presenting the art and principles of cost figuring from all angles, coupled with practical profit sharing and disposition. Campbell Commercial School, 1919.
  • How to run a wholesale business at a profit: plans and methods for cutting down expenses and increasing sales, helpful comparative cost-of-doing-business figures. A.W. Shaw company, 1918.
  • Gustav Adolph Kleene. Profit and wages: a study in the distribution of income. The Macmillan Company, 1916.
  • A.W. Shaw Company, How to run a store at a profit: figuring expenses and mark-up-counter and window displays-how a retailer increased business 400 in fourteen months-short cuts in handling trade-larger net profits-training your men to sell; methods by which 62 retailers sold more goods at less expense. A.W. Shaw Company, 1915.
  • Karl Marx, Value, price, and profit. C. H. Kerr & co., 1910.
  • P. Roger Cleary, How to figure profit: a comprehensive reference book for business men, teachers and students. The P. R. Cleary company, 1918.
  • John Elliot Read, Farming for profit: An encyclopedia of useful information and a practical assistant in the management of farm affairs. Devoted to agriculture and mechanics, fruit growing and gardening, live-stock, business principles, home life, and showing how to make money and secure health and happiness on the farm. J.C. McCurdy & Co., 1884.
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