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 Staffers were caught by surprise at the exit of CTO Mira Murati followed by a news cycle driven by the company's potential push to become a for-profit business. Nick Sobczyk, Axios, 26 Sep. 2024 The meeting late Thursday followed the board’s decision to consider restructuring the company to a for-profit business, according to a separate person with knowledge of the matter. Hayden Field, CNBC, 26 Sep. 2024 Anne Field covers for-profit impact entrepreneurship and impact investing, as well as small business, in general. Anne Field, Forbes, 26 Sep. 2024 Murati’s departure, alongside two other senior staffers, comes as the company is preparing to announce a new structure that will see its for-profit arm no longer subservient to the board of its nonprofit foundation. Chloe Berger, Fortune, 26 Sep. 2024 See all Example Sentences for for-profit 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'for-profit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 5 Oct. 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
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