for-profit

[ fer-prof-it ]

adjective

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

   for-profit hospitals.

Example Sentences

Jason Altmire, president of Career Education Colleges and Universities, which represents 1,300 for-profit campuses across North America, said he was optimistic that McMahon would lead the department to take a more “reasoned and thoughtful approach in addressing many of the overreaching and punitive regulations put forth by the Biden administration, especially those targeting private career schools.”

From Los Angeles Times

OpenAI denied his claims, countering that Mr Musk had previously backed the idea of a for-profit structure.

From BBC

In that respect, argues policy analyst Matt Bruenig in Jacobin, the Harris plan falls short by by funneling public money into the for-profit housing market, offering only temporary affordability to working and middle-class Americans.

From Salon

Barney, who operated a group of for-profit colleges for years, is a noted proponent of Ayn Rand’s philosphy of objectivism.

From Los Angeles Times

In just the past three years, bills for customers of the three biggest for-profit utilities — Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric — have increased by 20% to 50%.

From Los Angeles Times

Related Words

• monetary
• money-making