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for-profit

 

Definitions from the Web

Term: for-profit

Definition: For-profit refers to an organization or institution that is operated with the primary goal of earning a profit.

Parts of Speech:

  • Noun
  • Adjective

Senses and Usages:

1. Noun (for-profit)

- An organization or institution operated with the primary goal of earning profit.
Example sentence: Many for-profits invest heavily in marketing to maximize their profits.

2. Adjective (for-profit)

- Relating to or characterized by the purpose of making a profit.
Example sentence: The company's decision to go public signifies its for-profit motives.

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