for-profit

[fer-prof-it]

adjective

1. (of a business or institution) initiated or operated for the purpose of making a profit.

   for-profit hospitals.

Example Sentences

Atlanta officials think that with for-profit supermarket management they can avoid the failures of some other government grocery experiments.

Read more on The Wall Street Journal

It currently has a 27% stake in OpenAI after the AI-model provider’s transition to a for-profit business.

Read more on MarketWatch

He once ran HCA, the country’s largest for-profit health care company — until he resigned in 1997 during a federal investigation.

Read more on Salon

We explicitly tax for-profit corporations — and the likes of Amazon, Nike, and FedEx still manage to avoid paying all federal taxes, resulting in billions of dollars in lost revenue.

Read more on Salon

Maggie reached out to a for-profit referral service, and a consultant directed her to a number of places in her area that would take Medicaid after the patient paid in full for two years.

Read more on MarketWatch

Related Words

• monetary 
• money-making www.thesaurus.com