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for-profit

American  
[fer-prof-it] / fərˈprɒf ɪt /

adjective

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

    for-profit hospitals.


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Example Sentences

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In 2021, the most recent available public tax filing, the WallBuilders nonprofit paid Barton’s for-profit entities $267,071 in royalty fees for sales of his books.

From The Wall Street Journal Aug. 23, 2026

Newsom is working behind closed doors on legislation to further protect Edison and the state’s two other big for-profit electric utilities from the cost of wildfires caused by their equipment, the Times reported this year.

From Los Angeles Times Aug. 20, 2026

The hospice industry has grown, fueled in part by the aging U.S. population, and there has been a boom in for-profit companies entering the industry.

From MarketWatch Aug. 5, 2026

Microsoft owns roughly 27% of the ChatGPT maker’s for-profit arm.

From The Wall Street Journal Jul. 29, 2026

So together, Reader and Vincent used HeLa cells as the springboard to launch the first industrial-scale, for-profit cell distribution center.

From "The Immortal Life of Henrietta Lacks" by Rebecca Skloot

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