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Definition 2024


for-profit

for-profit

See also: forprofit

English

Alternative forms

Adjective

for-profit (not comparable)

  1. (of an organization) For the purpose of making money, especially in relation to an organisation that was not formerly, or is not usually, run to make money.
    • 2015, Chris Lehmann, ‘The Candidates’, London Review of Books, vol. 37 no. 12:
      Florida being Florida, all that energetic for-profit concerns had to do was set up non-profit shell companies as nominal administrators.

Noun

for-profit (plural for-profits)

  1. An organization whose goal is to make a profit.