Profit Objective

Definition

Profit Objective. An objective that reflects pursuit of a financial benefit that may be realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain that activity

Any profit that is gained goes to the business's owners, who may or may not decide to spend it on the business.

Synonyms

• For Profit Objective

See Also

• Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012
• http://www.investopedia.com/terms/p/profit.asp

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.