for-profit

adjective

for-prof·​it ˈfȯr-ˈprä-fət How to pronounce for-profit (audio)
: established, maintained, or conducted for the purpose of making a profit
for-profit businesses

Examples of for-profit in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
OpenAI is reportedly in talks with regulators in California and Delaware to restructure the company into a for-profit benefit corporation. Chris Morris, Fortune, 5 Nov. 2024 Additionally, OpenAI’s for-profit model could soon shift users from free or low-cost services to pay-for-access models. Gerui Wang, Forbes, 2 Nov. 2024 At the time, the federal shelter was the only one for migrant children run by a for-profit company, and immigrant advocates targeted it relentlessly. Nick Penzenstadler, USA TODAY, 31 Oct. 2024 Carl Barney, founder of a for-profit college chain: $924,600 Barney, who operated a group of for-profit colleges for years, is a noted proponent of Ayn Rand’s philosphy of objectivism. Ben Poston, Los Angeles Times, 31 Oct. 2024 See all Example Sentences for for-profit 

Word History

First Known Use

1939, in the meaning defined above

Time Traveler
The first known use of for-profit was in 1939

Dictionary Entries Near for-profit

Cite this Entry

“For-profit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/for-profit. Accessed 19 Nov. 2024.

Kids Definition

for-profit

adjective
for-prof·​it
ˈfȯr-ˈpräf-ət
: existing or carried on for the purpose of making a profit
for-profit business
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!