Profit
Legal definition for Indian law research
Definition
profit
1 : gain in excess of expenditures: as
a : the excess of the selling price of goods over their cost
b : net income from a business, investment, or capital appreciation compare earnings, loss
2 : a benefit or advantage from the use of property see also mesne profits, profit a prendre compare easement, right of way, servitude
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.