Definition, Meaning & Synonyms
turn-a-profit
phrase
/tɜrn-ə-ˈprɒfɪt/
Definition
To earn more money than is spent or invested in a business venture.
Examples
- If your startup wants to survive, it needs to turn a profit within the first two years.
- The new marketing strategy helped the company to turn a profit after struggling for several months.
- Investors are more likely to support a business that has a clear plan to turn a profit.
Meaning
Turning a profit means that a company’s revenues exceed its expenses, leading to a financial gain rather than a loss.
Synonyms
- make a profit
- earn a profit
- be profitable
- generate income
