A profit is money you make, as opposed to money you lose. Also, anything good profits you — it benefits you.

When we talk about profits, we're talking about coming out ahead. Businesses need to make a profit — money — or they'll have to fire employees, cut expenses, and maybe go out of business entirely. If more money is coming in than going out, that's a profit. Profit also means a benefit. For example, you could profit from playing baseball even if you made no money from it. Getting exercise and fun would profit anybody quite a bit.

Definitions of profit
  1. noun
    the advantageous quality of being beneficial
    synonyms: gain
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    the quality of taking advantage
    gainfulness, lucrativeness, profitability, profitableness
    the quality of affording gain or benefit or profit
    type of:
    advantage, vantage
    the quality of having a superior or more favorable position
  2. noun
    the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
    synonyms: earnings, lucre, net, net income, net profit, profits
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    earning per share
    the portion of a company's profit allocated to each outstanding share of common stock
    windfall profit
    profit that occurs unexpectedly as a consequence of some event not controlled by those who profit from it
    cleanup, killing
    a very large profit
    fast buck, quick buck
    quick or easy earnings, "they are traders out to make a fast buck"
    filthy lucre
    shameful profit
    gross profit, gross profit margin, margin
    (finance) the net sales minus the cost of goods and services sold
    the amount added to the cost to determine the asking price
    (finance) profits that are not paid out as dividends but are added to the capital base of the corporation
    that part of the earnings of a corporation that is distributed to its shareholders; usually paid quarterly
    fund, stock, store
    a supply of something available for future use
    backlog, reserve, stockpile
    something kept back or saved for future use or a special purpose
    stock dividend
    a dividend paid in stock rather than in cash
    extra dividend
    a dividend paid in addition to the regular dividend
    equalizing dividend
    a dividend paid to compensate shareholders for losses resulting from a change in the dividend schedule
    short for dividend; especially one paid by a cooperative society
    type of:
    the financial gain (earned or unearned) accruing over a given period of time
  3. verb
    derive a benefit from
    “She profited from his vast experience”
    synonyms: benefit, gain
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    cash in on
    take advantage of or capitalize on
    make an unreasonable profit, as on the sale of difficult to obtain goods
    capitalise, capitalize, take advantage
    draw advantages from
    enlarge one's holdings on an exchange on a continued rise by using paper profits as margin to buy additional amounts
    clear, net, sack, sack up
    make as a net profit
    type of:
    acquire, get
    come into the possession of something concrete or abstract
  4. verb
    make a profit; gain money or materially
    “The company has not profited from the merger”
    synonyms: turn a profit
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    break even
    make neither profit nor loss
    lose, turn a loss
    fail to make money in a business; make a loss or fail to profit
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    line one's pockets
    make a lot of money
    turn a nice dime, turn a nice dollar, turn a nice penny
    make a satisfactory profit
    clean up
    make a big profit; often in a short period of time
    use something as a source of income or profit
    type of:
    bring in, clear, earn, gain, make, pull in, realise, realize, take in
    earn on some commercial or business transaction; earn as salary or wages
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