Advertisement - Continue reading below

Definition of "proceeds" []

  • Revenue; gross revenue. (noun)
  • Profits; net revenue. (noun)
  • Third-person singular simple present indicative form of proceed. (verb)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

Use "proceeds" in a sentence
  • "For example, all but about $3 million of the $12 million in proceeds from the sale of the Stanford building in Houston will go to pay off the mortgage, as well as default interest on it, according to Kevin Sadler, an attorney for the receiver."
  • "The year-earlier figure reflected 89.5 billion yen in proceeds from the sale of shares, mainly those of factory-automation systems maker, Fanuc Ltd."
  • "The title proceeds, appointing him for such time as may be the pleasure of his Majesty and of the said governor in his royal name; and the latter assigns him an annual salary of one thousand pesos of common gold, to be paid from the royal treasury in accordance with the resolution made at the preceding meeting of the treasury on September"