proceeds

pro·ceeds

noun pl \ˈprō-ˌsēdz\

Definition of PROCEEDS

1

: the total amount brought in <the proceeds of a sale>

2

: the net amount received (as for a check or from an insurance settlement) after deduction of any discount or charges

Examples of PROCEEDS

1. <estimated that the annual proceeds from an increase in the state sales tax would be enormous>
2. <all proceeds from the special promotion will go to charity>

First Known Use of PROCEEDS

1665

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with PROCEEDS

Beskids, love beads