for-profit

adjective

for-prof·​it ˈfȯr-ˈprä-fət How to pronounce for-profit (audio)
: 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 These for-profit companies should not be allowed to increase rates on the backs of hard-working residents. Letters To The Editor, The Mercury News, 10 Apr. 2024 Waymo’s expansion to Los Angeles will bring autonomous for-profit taxis to the nation’s second-largest city — and to a city long synonymous with car travel. David Ingram, NBC News, 9 Apr. 2024 Recently, Lambert distanced himself from Musk after emails surfaced showing the tycoon had always favored OpenAI becoming a for-profit company—just one under his control and not Microsoft’s. Christiaan Hetzner, Fortune, 5 Apr. 2024 The Minnesota conglomerate’s plan to roll Stewardship Health, the physician arm of for-profit Steward Health Care, into its Optum subsidiary would mark a noteworthy departure from its usual fare. Tara Bannow, STAT, 1 Apr. 2024 In addition to paying $28.5 million, Walden, an online, for-profit university headquartered in Minneapolis, agreed to make significant programmatic changes and other disclosures to prospective students. Michael T. Nietzel, Forbes, 29 Mar. 2024 Utah officials ordered a for-profit academy to shut down after children died in its care. Tyler Kingkade, NBC News, 27 Mar. 2024 ActBlue, the nonprofit Democratic counterpart to the for-profit Republican WinRed, also used pre-checked boxes. Michael Smolens, San Diego Union-Tribune, 27 Mar. 2024 The for-profit hospital is owned by HCA Healthcare, formerly the Hospital Corporation of America, based in Nashville, Tennessee. Angela Palermo, Idaho Statesman, 26 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'for-profit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1939, in the meaning defined above

Time Traveler
The first known use of for-profit was in 1939

Dictionary Entries Near for-profit

Cite this Entry

“For-profit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/for-profit. Accessed 25 Apr. 2024.

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
Last Updated: - Updated example sentences
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