Profit
What a company keeps after paying all of its costs.
Profit is the money left over once a company covers everything it spends — wages, materials, rent, taxes. It's different from revenue, which is the total money coming in before costs. Growing profits over time are one thing that can drive a company's value up.
Explain it to your kid
"The money left after all the bills are paid."
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MemoryBank is a display and education tool, not a financial advisor. Nothing here is investment, tax, or legal advice.