Definition, Meaning & Synonyms
sale-proceeds
Noun
/seɪl ˈprəʊsiːdz/
Definition
The money that is received from selling an asset or a product after the sale has been completed.
Examples
- Upon selling the old car, the sale proceeds were used to buy a new one.
- The charity event generated substantial sale proceeds that would go towards local shelters.
- After the real estate transaction, the sale proceeds were deposited into her savings account.
Meaning
Sale proceeds refer to the actual cash or compensation obtained from the transaction of selling goods or property.
Synonyms
- Sale revenue
- Proceeds
- Sales income
- Returns
