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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Compare meaning

How does for-profit compare to similar and commonly confused words? Explore the most common comparisons:

• for-profit vs. nonprofit
• not-for-profit vs. for-profit

Example Sentences

The firm was spun out of Emerson Collective, founded and run by Reed Jobs’s mother Laurene Powell Jobs, in 2023, and makes research grants and for-profit venture investments.

From The Wall Street Journal

One non-Apollo investment was a $34 million stake in a for-profit education company co-founded by Michael Milken, whom Black previously worked with at the now-defunct investment bank Drexel Burnham Lambert.

From The Wall Street Journal

She joined Dow Jones Newswires in 2007, first writing breaking corporate news and then covering for-profit colleges, student lenders, alcohol and tobacco.

From The Wall Street Journal

The company’s better-than expected earnings were propelled by its new deal with OpenAI, signed in October as part of a restructuring the startup completed to create a for-profit arm.

From The Wall Street Journal

Microsoft owns roughly 27% of the for-profit entity, the value of which is reflected in Microsoft’s earnings.

From The Wall Street Journal

Related Words

• monetary
• money-making