Iranâs total non-oil exports topped $37 billion in total over the past 11 months, a 15 percent rise over the previous year, when sanctions were at their most stringent level. This included more than $550 million in trade with the United States, according to Iranian officials.
Wiktionary (2.00 / 1 vote) Rate this definition: profit (Noun) Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price. profit (Noun) Benefit, positive result obtained.
1 Marginal revenue (MR) = the extra revenue gained from selling an extra unit of a good. 2  Profit = Total revenue (TR) â total costs (TC) or (AR â AC) Ã Q.  In classical economics it is assumed that firms will seek to maximise their profits. This occurs when the difference between TR â TC is the greatest.