Definition of "for-profit" []

• Established or operated with the intention of making a profit: a for-profit organization. (adjective)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Steve Bolingbroke, managing director of Kunskapsskolan, added: I have a problem with the phrase 'for-profit' that is used."
• "That's happening now with a growing trend called "impact investing," defined as for-profit investment made to solve social and environment problems."
• "Until recently, capitalism simply referred to "for-profit" businesses that were privately owned."