PROCEEDS


Meaning of PROCEEDS in English

pro ‧ ceeds AC /ˈprəʊsiːdz $ ˈproʊ-/ BrE AmE noun [plural] formal

the money that is obtained from doing something or selling something ⇨ profit :

We sold the business and bought a villa in Spain with the proceeds.

proceeds of/from

The proceeds of the concert will go to charity.

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.