Definify.com
Definition 2024
for-profit
for-profit
See also: forprofit
English
Alternative forms
Adjective
- (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.
- 2015, Chris Lehmann, ‘The Candidates’, London Review of Books, vol. 37 no. 12:
Noun
for-profit (plural for-profits)
- An organization whose goal is to make a profit.