Bonny Carter
what is the diffrent about "benefit" "profit" ?
May 6, 2011 2:58 AM
Answers · 3
Their economical definitions: Benefit is a payment made or an entitlement available in accordance with a wage agreement, an insurance policy, or a public assistance program. Profit refers to the return received on a business undertaking after all operating expenses have been met.It is in other words the excess of revenues over outlays and expenses in a business enterprise over a given period of time, usually a year. Otherwise both 'benefit' and 'profit' could also mean the same,referring in general to any advantageous gain or return.
May 6, 2011
Cheery's reply is great, though I personally think, we are more likely to use benefit unless money is involved.
May 6, 2011
benefit = any good outcome profit = a good outcome regarding money
May 6, 2011
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Bonny Carter
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Chinese (Mandarin), English
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