for-profit

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

First Known Use of for-profit

1939, in the meaning defined above

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The first known use of for-profit was in 1939

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for-profit

adjective

English Language Learners Definition of for-profit

: existing or done for the purpose of making a profit

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a state of commotion or excitement

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