for-profit

adjective

for-prof·​it ˈfȯr-ˈprä-fət 

: 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 vast majority of institutions that closed between 1996 and 2023 were two-year schools in the for-profit sector that had small enrollments and were highly dependent on tuition as their single source of revenue to fund their operations. —Michael T. Nietzel, Forbes, 7 Dec. 2024

Trump himself once ran a for-profit school, called Trump University, in which attendees said they were duped with false advertising and high-pressure sales tactics. —Annie Nova, CNBC, 5 Dec. 2024

The Democrats, including Senators Bernie Sanders and Kirsten Gillibrand, were particularly concerned about student borrowers still paying off debts from predatory for-profit colleges. —Daniel R. Depetris, Newsweek, 5 Dec. 2024

Getting out of its profit-sharing arrangement with Microsoft would be a big deal for OpenAI and its ambitions to be the next massive, for-profit tech company. —Alex Heath, The Verge, 4 Dec. 2024

Word History

First Known Use

1939, in the meaning defined above

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