for-profit

American  

[fer-prof-it] / fərˈprɒf ɪt /

adjective

1. (of a business or institution) initiated or operated for the purpose of making a profit.

   for-profit hospitals.

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Compare meaning

How does for-profit compare to similar and commonly confused words? Explore the most common comparisons:

• for-profit vs. nonprofit
• not-for-profit vs. for-profit

Example Sentences

It also had implemented a “temporary suspension of all for-profit vending activities.”

From The Wall Street Journal

While the first $21 billion was contributed half by customers of the state’s three biggest for-profit utilities and half by the companies’ shareholders, any additional damage claims from the Jan. 7 fire would be paid by Edison customers, according to legislation passed in September.

From Los Angeles Times

Microsoft, owner of a 27% share in OpenAI’s for-profit business, is also named in the suit, which claims the software giant knew or should have known of potential safety risks.

From The Wall Street Journal

America’s nonprofits have a privileged status because they offer ideas and services that the for-profit sector inadequately supports.

From The Wall Street Journal

But regarding ethical practices, today’s for-profit Globes may well be worse than ever, crossing the line in ways that are more egregious than the shady maneuverings that put the awards on life support not so long ago.

From Los Angeles Times

Related Words

• monetary
• money-making