ˈprōˌsēdz noun plural
Etymology: from plural of proceed (II)
1.
a. : what is produced by or derived from something (as a sale, investment, levy, business) by way of total revenue : the total amount brought in : yield , returns
the proceeds from the sale of the paintings were considerable
estimated that the proceeds from such taxes would be enormous
b. : the net profit made on something
took the proceeds from the sale of his business and invested in stocks
2. : the net sum received (as for a check, a negotiable note, an insurance policy) after deduction of any discount or charges