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1 : gain in excess of expenditures: as
a : the excess of the selling price of goods over their cost
b : net income from a business, investment, or capital appreciation compare earnings, loss
2 : a benefit or advantage from the use of property see also mesne profits, profit a prendre compare easement, right of way, servitude
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.