Profit Objective
From Open Risk Manual
Contents
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.
