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for-profit

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adjective for-prof·it \ ˈfȯr-ˈprä-fət \

Definition of for-profit

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

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First Known Use of for-profit

1939

FOR-PROFIT Defined for English Language Learners

for-profit

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adjective

Definition of for-profit for English Language Learners

  • : existing or done for the purpose of making a profit

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