TURN A PROFIT Meaning and
Definition
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The phrase "turn a profit" is an idiom used in business and finance to describe the act of making a financial gain or earning money from an investment, venture, or business endeavor. It implies a successful outcome in terms of achieving positive financial results.
When an individual or organization manages to "turn a profit," it means that their revenue exceeds their costs or expenses, resulting in a net gain. This signifies a favorable financial situation where income surpasses the expenditure, leading to an accumulation of funds or profit.
Turning a profit can occur in various contexts, such as a company generating greater sales than their operational costs, an investor selling assets for more than their initial purchase price, or an entrepreneur successfully monetizing their ideas and products.
In essence, "turn a profit" encapsulates the concept of achieving a financial surplus and attaining a favorable return on investment. It highlights the ability to generate income or proceeds that exceed the amount of money put into a venture, contributing to the growth, sustainability, and overall success of an enterprise or individual.
Common Misspellings for TURN A PROFIT
- rurn a profit
- furn a profit
- gurn a profit
- yurn a profit
- 6urn a profit
- 5urn a profit
- tyrn a profit
- thrn a profit
- tjrn a profit
- tirn a profit
- t8rn a profit
- t7rn a profit
- tuen a profit
- tudn a profit
- tufn a profit
- tutn a profit
- tu5n a profit
- tu4n a profit
- turb a profit
Idioms with the word TURN A PROFIT
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turn a profit
To make a financial gain or profit, especially in business.
