Web[ 1930–35] profit motive in British English (ˈprɒfɪt ˈməʊtɪv ) noun business the incentive or desire to work or form a business in order to gain profit or make financial gains Collins English Dictionary. Copyright © HarperCollins Publishers Examples of 'profit motive' in a sentence profit motive Webprofit motive in British English. (ˈprɒfɪt ˈməʊtɪv ) noun. business. the incentive or desire to work or form a business in order to gain profit or make financial gains. Collins English …

What Is a Profit Motive? (With Definition and Examples)

WebDefinition of Profit Motive: The profit motive is the incentive for businesses to strive to maximize profits. Detailed Explanation: The profit motive pushes people to accomplish extraordinary things. Virtually every large company was started by an entrepreneur seeking to earn a profit. Walk down the aisles of a supermarket. WebAug 1, 2015 · A profit motive must be well-substantiated to take ordinary losses and expense deductions on real estate converted from personal use. By Paul Bonner August 1, 2015 Related TOPICS Tax Individual Income Taxation portable silk screen printer

Profit motive definition and meaning Collins English Dictionary

Webinborn definition: 1. used to refer to a mental or physical characteristic that someone has from birth: 2. used to…. Learn more. WebMar 30, 2024 · Marginal Cost = Marginal Revenue. In simpler terms, profit maximization occurs when the profits are highest at a certain number of sales. This all sounds complicated at first but don’t worry, we’ll be explaining all the concepts that were mentioned in the definition. WebJun 24, 2024 · Profit motive is a financial term that describes the desire to make money through action. It's the idea behind why people may create new, lucrative products or take … portable signals pink book