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 The market is run in the United States by Aristotle, a for-profit American political consulting, compliance, data and software company. Jeff Sommer, New York Times, 17 May 2024 Counties, cities, tribes, nonprofits and for-profit companies will all be eligible to apply for funding. Jessica Garrison, Los Angeles Times, 14 May 2024 The private, for-profit health company said numerous factors led to the bankruptcy, including government reimbursement rates, higher material and operations costs due to inflation, the impact of the COVID-19 pandemic and surging labor costs. Madeline Nguyen, The Arizona Republic, 14 May 2024 Another example involved Trump University, the now-defunct for-profit education company. Graham Kates, CBS News, 13 May 2024 In the late 1990s and early 2000s, Gray's, a childcare center, faced tough competition from for-profit childcare centers. James E. Causey, Journal Sentinel, 13 May 2024 Walden is a mutual savings bank and a certified B-corporation, or a for-profit corporation certified with a social impact. Medora Lee, USA TODAY, 13 May 2024 The reductions in North Shore’s services already had hospitals doctors, nurses, health advocates and patients worried the hospital would close entirely, similar to what’s happened at other healthcare facilities owned by for-profit Steward Health Care System. Michelle Marchante, Miami Herald, 11 May 2024 Everyone quashed the latter, not wanting a for-profit fox in the non-profit hen house. Mark Zeigler, San Diego Union-Tribune, 11 May 2024

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 22 May. 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!