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for-profit

Syllabification: for-prof·it
Pronunciation: /fərˈpräfət
 
/

Definition of for-profit in English:

adjective

[attributive]
Denoting an organization that operates to make a profit, especially one (such as a hospital or school) that would more typically be nonprofit.
Example sentences
  • The decrease in affordable housing has continued as subsidized housing has been bought up by for-profit organizations.
  • Government and for-profit organizations share several of these potential uses.
  • As the number of players increases, some will be smaller for-profit entities operating outside hospitals.

Definition of for-profit in:

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