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Profit & Loss

· Word Origin

🔤 Word Origin

Profit

Profit

Latin profectus — "progress, advance"

Profit comes from Latin proficere — to make progress, to advance. Its trade meaning of "financial gain" entered English via Old French profit in the 13th century. Loss comes from Old English los — destruction, ruin — evolving to mean financial shortfall by the 14th century.

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