proceeds

Definition

Money received through a sale or loan. The term sometimes refers to net proceeds (after any commissions, fees or other charges are deducted), and sometimes refers to gross proceeds (before such deductions).

Use proceeds in a sentence

You should always try and figure out a way to make any proceeds you get work for you to make even more.

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After the sale, the proceeds were deposited into their joint account. They figured they would then go on a nice romantic vacation.

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With charitable organizations, the proceeds or money acquired go towards helping the charity to help others such as organizations that help abandoned or abused animals.

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