Definition, Meaning & Synonyms
sale-proceeds
noun
/seɪl prəˈsiːdz/
Definition
The money obtained from selling goods or services after all expenses have been paid.
Examples
- After selling the old equipment, the sale proceeds were used to purchase new tools.
- The charity received all sale proceeds from the event, helping them raise significant funds.
Meaning
Sale proceeds refer to the actual amount of money that comes in from a sale, net of any costs or deductions related to that sale.
Synonyms
- Revenue
- Sales revenue
- Income
- Proceeds
