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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In others, corpses were sent to medical schools, biotech companies and for-profit body brokers without consent. Anagilmara Vílchez, NBC News, 19 Dec. 2024 Health insurance companies, insurance benefit managers, for-profit hospitals and pharmaceutical companies are facing a new round of populist public reckoning. Alexis Simendinger, The Hill, 18 Dec. 2024 Patients frustrated with a flawed system The U.S. insurance industry is dominated by private-sector companies such as UnitedHealth Group, CVS Health and Cigna, and operates as a largely for-profit enterprise — in contrast with most other wealthy countries. Annika Kim Constantino, CNBC, 18 Dec. 2024 Emails and text messages between Musk and OpenAI cofounders show that the billionaire himself proposed that OpenAI have a for-profit component back in 2017, with himself as CEO and majority stakeholder. Rashi Shrivastava, Forbes, 17 Dec. 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 2 Jan. 2025.

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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