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

Philanthropy should be saved for capital market failures, where there isn’t a for-profit answer, something no venture capitalist will back.

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Of course, this says nothing of the money that continues to flow to oil companies, war profiteers and private companies producing for-profit prisons.

Read more on Salon

Under Microsoft and OpenAI’s tentative agreement in September, Microsoft would potentially receive a 30% stake in a new for-profit entity OpenAI is seeking to create.

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Private nursing schools — both nonprofit and for-profit — disagree, urging a level playing field.

Read more on Los Angeles Times

For Ray Ayranian, the heftier tuition and fees at American Career College, a private for-profit institution, are worth it.

Read more on Los Angeles Times

Related Words

• monetary 
• money-making www.thesaurus.com