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Profit - Wikipedia, the free encyclopedia (867 words) |
 | Under capitalism, profit is a positive return made on an investment by an individual or by business operations. |
| The social profit from a firm's activities is the normal profit plus or minus any externalities that occur in its activity. |
| The underlying concept was first introduced by Schmalenbach, but the commercial application of the concept of adjusted economic profit was by Stern Stewart and Co. which has trade-marked their adjusted economic profit as EVA or Economic Value Added. |
| Profit (real estate) - Wikipedia, the free encyclopedia (426 words) |
| A profit, in the law of real estate, is a nonpossessory interest in land similar to the better-known easement, which gives the holder the right to take natural resources such as petroleum, minerals, timber, and wild game from the land of another. |
| Like an easement, profits can be created expressly by an agreement between the property owner and the owner of the profit, or by prescription, where the owner of the profit has made "open and notorious" use of the land for a continuous and uninterrupted statutory period. |
| Profits can also be exclusive (guaranteeing the owner of the profit that no other person will be given the right to collect the specified resources on the land). |
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