Profit

Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit. This socioeconomic system has developed historically in several stages, and is defined by a number of constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies may experience business cycles of economic expansion followed by recessions.

concept in economics

measure of the profitability of a business venture

measure of a firm's profit

equality of costs and revenues

accounting measure: net earnings, before interest expenses, taxes, depreciation, and amortization are subtracted

profit that results from a sale of a capital asset, such as stock, bond or real estate, where the sale price exceeds the purchase price

ratio between turnover and profit

sum of all earnings before taxes

income that requires little to no effort to earn and maintain

relating gross profits to net sales

when employees share in the company's profits

process to determine the highest profits for a firm

ratio of the cost of a good or service and its selling price

accumulated net income (or loss) of the corporation that is retained by the corporation

relative profitability of an investment project, a capitalist enterprise or a whole capitalist economy

business jargon

accounting term; income distributed to the owner in a profitable market production process (business)

person or company profiteering from war or conflict

Motivation for businesses to maximize profits

Profiteering is a pejorative term for the act of making a profit by methods considered unethical.

inflated level of profit due to the monopolistic practices of an enterprise

mathematical economic formula

Khozraschyot (; short for , 'economic accounting') was an attempt to introduce capitalist concepts of profit and profit center into the planned economy of the Soviet Union. Khozraschyot introduced a certain degree of independence of enterprises (which continued to be state-owned and subject to state control) and allowed for self-management and self-financing within the framework of prices set by the Soviet government.

parameter of accounting

financial measurement

a corporation that is not a nonprofit