for-profit

adjective

for-prof·​it ˈfȯr-ˈprä-fət How to pronounce for-profit (audio)
: established, maintained, or conducted for the purpose of making a profit
for-profit businesses

Examples of for-profit in a Sentence

Recent Examples on the Web About 75% of Wisconsin's 190 for-profit nursing homes did not meet the minimum requirements for RNs or aides on an average day in 2023, according to the Journal Sentinel's analysis. Sarah Volpenhein, Journal Sentinel, 6 May 2024 Tommy Dorfman wed ‘private’ person Elise Williams in a secret Santa Monica ceremony. $6.1 billion in student loan debt canceled for enrollees at for-profit Art Institutes. Andrew J. Campa, Los Angeles Times, 5 May 2024 Managers work for the corporation, which acts through its board, but some HOA presidents do not understand their role as president of a nonprofit is less powerful than the for-profit president. Kelly G. Richardson, San Diego Union-Tribune, 4 May 2024 The lawsuit details that PAG, a for-profit business that sells insurance, and Pedro Sabatier, an insurance agent, acted as the middleman between Citizens and Sonel and Joseph. Devoun Cetoute, Miami Herald, 2 May 2024 The Biden administration is forgiving $6.1 billion in student debt for 317,000 people who attended The Art Institutes, a for-profit chain of schools that shut down last fall amid allegations of fraud. Aimee Picchi, CBS News, 1 May 2024 The Biden administration is erasing $6.1 billion in federal student debt for 317,000 former attendees of The Art Institutes, a defunct for-profit chain of art colleges, officials announced Wednesday. Gillian Brassil, Kansas City Star, 1 May 2024 The for-profit platform is eyeing new international targets now that the unprecedented strain of crowdfunding campaign levels spawned by COVID-19 has eased to pre-pandemic figures, CEO Tim Cadogan told The Associated Press. James Pollard, Quartz, 23 Apr. 2024 Micron is Idaho’s largest for-profit employer, with more than 5,000 employees, according to the Idaho Department of Labor. Angela Palermo, Idaho Statesman, 18 Apr. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'for-profit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1939, in the meaning defined above

Time Traveler
The first known use of for-profit was in 1939

Dictionary Entries Near for-profit

Cite this Entry

“For-profit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/for-profit. Accessed 9 May. 2024.

Kids Definition

for-profit

adjective
for-prof·​it
ˈfȯr-ˈpräf-ət
: existing or carried on for the purpose of making a profit
for-profit business
Last Updated: - Updated example sentences
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