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

Senate Bill 1369 would provide financial assistance for working families to pay for child care through a new 1.5% payroll tax on large, for-profit employers and help streamline the process of enrolling in child care programs for low-income families. —Laura Tillman, Hartford Courant, 31 Mar. 2025

Strum told the South Florida Sun Sentinel the bill, if approved, would benefit patients by better positioning Broward County’s public hospital systems to compete with the for-profit hospitals that are expanding their presence in the county. —Cindy Krischer Goodman, Sun Sentinel, 29 Mar. 2025

Government is a public service, not a for-profit enterprise. —Chadd Scott, Forbes.com, 28 Mar. 2025

That would include the Tacoma ICE detention center, which is run by The GEO Group, a for-profit company. —Melissa Santos, Axios, 28 Mar. 2025

Word History

First Known Use

1939, in the meaning defined above

Rhymes for for-profit

• nonprofit
• profit
• prophet
• soffit

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