### possession | sum | income:

Profit
* Taking Selling to take a profit - the process of converting paper profits into cash.
* affects the income of firm owners.
* also includes appreciation in value of assets.
* are a strongly nonlinear function of capacity utilization
  - an indication of the satisfaction of consumers
  - equal to the difference between revenues and costs of production
  - maladjustments between supply and demand
  - simply money received in excess of costs
* are the difference between the total revenues of the firm and the firm's total costs
  - driving force of the market economy
  - moral symbol of human growth earned from productive enterprise
* can vary widely with fluctuations in the economy.
* denotes the conservation, and loss the waste, of scarce resources.
* derives from accrual accounting, which delays the expensing of costs into the future.
* drives decisions in a market economy.
* emerges when the demand for a product exceeds supply.
* exists in every socio-economic formation, in the form of surplus labor.
* fair return on investment.
* fuels the engine of business.
* function of accounting.
* generally drive the price of a company's stock.
* is advantage.
* is an important incentive that leads entrepreneurs to accept the risks of business failures
  - incentive for entrepreneurs and a reward for taking a risk to start a business
  - created only in the production process as a result of workers' labor
  - derived by owning
  - determined almost exclusively by investment income
  - earnings in excess of the cost of capital
  - essentially the gap between what they pay for crude and what they sell petrol for
  - gain over market in basis point
  - gross revenue minus costs
  - how companies stay in business
  - important as an accounting and taxation term
  - income minus expenses
  - like oxygen to life
  - maximized at a production level for which marginal revenue equals marginal cost
* is measured as income minus costs
  - in the difference between return and cost
  - net return to business equity
* is one of the driving forces behind the surge in Ecstasy traffic
  - primary results of freedom
  - private and individual
  - produced through the exploitation of the working class
  - realized when goods and services are sold for money
* is revenue minus cost
  - expenditure
* is the agreed advantage gained and paid for by any transaction seen as favourable
  - amount of money that is able to be distributed to suppliers of equity capital
  - catalyst which destroys sanctifications
* is the difference between revenues and expenses
  - of revenue minus cost
  - driving force behind smuggling
  - excess of Revenues over Expenses
  - fuel that powers a successful business engine
  - goal in capitalism
  - income earned by the entrepreneur
  - increase in wealth in a period
  - key word in today's agricultural community
  - life blood of a free economy
  - measure financial success
  - money left over after all direct costs, labor, and overhead expenses have been paid
  - motive in the stock market
  - name of the business game and competition is what impacts the profitability
  - overarching mission of private-sector companies
  - pay-off of successful action
  - producer's wage
  - residual, or what's left over, between total revenue and total cost
  - result of successful planning, and the best use of resources
  - return for management
* is the reward for their success, and going out of business is the penalty for failure
  - waiting just as wages are the reward for labour
  - paid to the company for service to society
  - social reward for the activity of creating value, through investment
  - sum remaining after deducting costs
  - ultimate measure of all corporate decisions
  - total revenue minus total cost
  - used for self-financing and for pay out dividends
* is what business is all about
  - enables a business to survive
  - motivates people to work for the good of society
  - remains after paying for costs and expenses out of sales revenue
* mean that the economic enterprise has added to the economy's wealth.
* means money.
* reliable measure of a company's overall efficiency.
* return for one's goods or services that exceeds their cost
  - to risk
* rise and fall at different stages in the product life cycle.
* serves as an indicator that a business is functioning well.
* yardstick by which the performance of the business is measured.
+ Economics of fascism: Economic systems :: Fascism
  * The term 'economics of fascism' refers to the economic systems that are used by fascist regimes. The first cases of dirigisme happened in France. Colbert was the chief minister of finances of King Louis XIV of France. Profit is private and individual. Under the Axe of Fascism' 1936. Fascist governments encouraged the pursuit of private profit and offered many benefits to large businesses, but they demanded in return that all economic activity should serve the national interest. Alexander J. De Grand, 'Fascist Italy and Nazi Germany', Routledge, 1995.