noun the money or profit made from a sale or business activity
In real estate transactions, 'proceeds' are the funds received by a seller after deducting any expenses or fees associated with the sale of a property.
In finance, 'proceeds' refer to the amount of money received from a financial transaction, such as the sale of an asset or investment.
In legal contexts, 'proceeds' can refer to the money or assets obtained through illegal activities, which may be subject to seizure by law enforcement.
In fundraising efforts, 'proceeds' typically refer to the money raised from an event or campaign, which is then used for a specific cause or organization.
The writer donated all proceeds from their latest book to charity.
The psychologist decided to donate a portion of the proceeds from their therapy sessions to a mental health organization.
The musician's album sold out quickly, resulting in significant proceeds for the record label.
The entrepreneur reinvested the proceeds from their successful business sale into a new startup.
The real estate agent received a percentage of the proceeds from the sale of the property as their commission.