The spelling of the word "proceeds" is not as straightforward as it may seem. The first syllable "pro" is pronounced as "prəʊ", which rhymes with "no" or "low". The second syllable "ceed" is pronounced as "siːd", which rhymes with "seed". The final letter "s" is pronounced as "z" because it comes after a vowel sound. Therefore, the correct pronunciation of "proceeds" is "prəʊsiːdz". This word refers to the profits or earnings from a sale or business transaction.
The term "proceeds" refers to the profits or revenues that are generated from a certain business activity or process. It commonly represents the financial gains obtained after deducting the costs, expenses, or taxes involved in the production, sale, or performance of something. Proceeds can encompass the income received from different sources such as the sale of goods, services, or assets, as well as earnings obtained from investments, royalties, or any other form of monetary gain.
In the context of business, proceeds are crucial to evaluate the financial performance and profitability of a company or an individual. They allow stakeholders to assess the efficiency and effectiveness of various operations or transactions by measuring the actual monetary gain derived from them. Proceeds are typically documented in financial statements, such as income statements or profit and loss reports, to provide a comprehensive overview of the financial health of an entity.
Furthermore, the term "proceeds" can also be associated with charitable events or fundraisers. In these instances, proceeds represent the total monetary amount raised from the event or campaign, which is commonly directed towards a particular cause or organization. The proceeds of charitable initiatives are often utilized to support various social, humanitarian, or community-based projects and programs.
Overall, proceeds refer to the financial gains or income resulting from a specific commercial or non-commercial activity, indicating the net profit after deducting expenses, costs, or taxes associated with the process.
The sum or amount of money obtained for goods or property sold.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "proceeds" originated from the Old French term "proceder", which came from the Latin word "procedere". "Procedere" is a combination of the prefix "pro", meaning forward or onward, and the verb "cedere", which means to go or to move. The word "proceeds" in English carries the sense of progressing, advancing, or continuing, usually in reference to the money or profits generated from a particular activity or event.