for-profit

adjective

for-prof·​it ˈfȯr-ˈprä-fət 

: established, maintained, or conducted for the purpose of making a profit

for-profit businesses

Examples of for-profit in a Sentence

Recent Examples on the Web

For the third year in a row, it was named one of the world’s most ethical companies by Ethisphere, a for-profit company that rates other companies’ ethics for a fee. —Mckenzie Funk, ProPublica, 13 Sep. 2024

The two sides exchanged term sheets that would have seen PIF invest $1.5 billion in the for-profit entity, the NYT previously reported. —Tim Baysinger, Axios, 11 Sep. 2024

The for-profit, the surveillance capitalism model is winning. —Lauren Goode, WIRED, 5 Sep. 2024

But a few weeks ago, the FDA rejected the MDMA therapy proposed by Lykos Therapeutics, the for-profit outgrowth of MAPS. —Oshan Jarow, Vox, 5 Sep. 2024

Word History

First Known Use

1939, in the meaning defined above

Kids Definition

for-profit

adjective

for-prof·​it

ˈfȯr-ˈpräf-ət

: existing or carried on for the purpose of making a profit

for-profit business