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  2. Profit (economics) - Wikipedia

    en.wikipedia.org/wiki/Profit_(economics)

    In economics, profit is the difference between revenue that an economic entity has received from its outputs and total costs of its inputs, also known as surplus value. [1] It is equal to total revenue minus total cost, including both explicit and implicit costs.

  3. Profit maximization - Wikipedia

    en.wikipedia.org/wiki/Profit_maximization

    Here too the profit is not maximized and the firm has to lower its output level to maximize profits. In economics, profit maximization is the short run or long run process by which a firm may determine the price, input and output levels that will lead to the highest possible total profit (or just profit in short).

  4. Earnings before interest, taxes, depreciation and amortization

    en.wikipedia.org/wiki/Earnings_before_interest...

    A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, [1] pronounced / ˈ iː b ɪ t d ɑː,-b ə-, ˈ ɛ-/ [2]) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base.

  5. Net income - Wikipedia

    en.wikipedia.org/wiki/Net_income

    In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.

  6. Surplus value - Wikipedia

    en.wikipedia.org/wiki/Surplus_value

    This transaction is not recorded in gross product measures (after all, it isn't new production), nevertheless a surplus-value is obtained from it. Another example would be capital gains from property sales. Marx occasionally refers to this kind of profit as profit upon alienation, alienation being used here in the juridical, not sociological sense.

  7. Implicit cost - Wikipedia

    en.wikipedia.org/wiki/Implicit_cost

    Implicit costs also represent the divergence between economic profit (total revenues minus total costs, where total costs are the sum of implicit and explicit costs) and accounting profit (total revenues minus only explicit costs). Since economic profit includes these extra opportunity costs, it will always be less than or equal to accounting ...

  8. Profit (accounting) - Wikipedia

    en.wikipedia.org/wiki/Profit_(accounting)

    The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context.

  9. Profit - Wikipedia

    en.wikipedia.org/wiki/Profit

    Profit (accounting), the difference between the purchase price and the costs of bringing to market; Profit (economics), normal profit and economic profit; Profit (real property), a nonpossessory interest in land; Account of profits, a type of equitable remedy in law (also known as an accounting)