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26984 words
proceeds
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3 definitions • 5 examples
1
the
amount
of money
received
from a
particular
event
or
activity
or when something is
sold
:
Examples:
The proceeds of today's
festival
will go to
several
local
charities
.
It says on the back of the
card
"all proceeds to
charity
".
2
the
amount
of money
received
from a
particular
sale
or
event
:
Examples:
All proceeds from the
auction
will be donated to
charity
.
3
the
amount
of money
received
from an
activity
,
event
, or the
sale
of
assets
:
Examples:
Most of the proceeds from the
sale
will be used to
pay
the retailer's
debt
.
Redemption
proceeds of £1,000 or more can be
transferred
directly
to the shareholder's
bank
account
.
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