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 American democracy, Bassin learned, had arguably been eroding in a similar manner for years, thanks to gerrymandering, the collapse of local news and rise of for-profit social media, and negative partisanship. Charles Bethea, The New Yorker, 8 May 2024 This is a for-profit enterprise that does not rely on government subsidies, according to McGrory. Michael Smolens, San Diego Union-Tribune, 8 May 2024 About 75% of Wisconsin's 190 for-profit nursing homes did not meet the minimum requirements for RNs or aides on an average day in 2023, according to the Journal Sentinel's analysis. Sarah Volpenhein, Journal Sentinel, 6 May 2024 Tommy Dorfman wed ‘private’ person Elise Williams in a secret Santa Monica ceremony. $6.1 billion in student loan debt canceled for enrollees at for-profit Art Institutes. Andrew J. Campa, Los Angeles Times, 5 May 2024 Managers work for the corporation, which acts through its board, but some HOA presidents do not understand their role as president of a nonprofit is less powerful than the for-profit president. Kelly G. Richardson, San Diego Union-Tribune, 4 May 2024 The lawsuit details that PAG, a for-profit business that sells insurance, and Pedro Sabatier, an insurance agent, acted as the middleman between Citizens and Sonel and Joseph. Devoun Cetoute, Miami Herald, 2 May 2024 The Biden administration is forgiving $6.1 billion in student debt for 317,000 people who attended The Art Institutes, a for-profit chain of schools that shut down last fall amid allegations of fraud. Aimee Picchi, CBS News, 1 May 2024 The Biden administration is erasing $6.1 billion in federal student debt for 317,000 former attendees of The Art Institutes, a defunct for-profit chain of art colleges, officials announced Wednesday. Gillian Brassil, Kansas City Star, 1 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 10 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!