proceeds

1. 1
   nounplural

   The total amount of money brought in from a sale, event, or transaction, before any costs are taken out.

   The proceeds from the charity auction exceeded fifty thousand dollars.

   The proceeds from the sale of the old factory were divided among the shareholders.

   Similarrevenue, takings, receipts, income, earnings

   Note

   A noun with no singular: nobody speaks of a proceed, and the word takes a plural verb. The proceeds were donated, never the proceeds was donated. When the whole sum is meant, say so. All proceeds or gross proceeds tells the reader that nothing has been subtracted, which matters because the same word can also mean what is left after costs.

2. 2
   nounplural

   The amount of money gained from a sale or venture once all associated costs have been deducted; profit.

   The proceeds from the project, after expenses, were reinvested in new equipment.

   Once the loan was repaid, the remaining proceeds were split between the partners.

   Similarprofit, earnings, gain, return

   Oppositeloss

   Note

   Here the word has shrunk to what survives the bills, and only context or a modifier shows it. Net proceeds is the clear way to say it. A bare promise to donate "the proceeds" leaves open whether expenses come out first. In any pledge or agreement, close that gap with net or after expenses.

3. 3
   verb

   Third-person singular simple present of proceed.

   The committee proceeds with the vote after a brief discussion.

   Once the signal turns green, traffic proceeds through the intersection.

   Note

   The verb that happens to share its spelling with the money a sale brings in. Every use of proceed is intransitive, so proceeds never takes a direct object. It continues with a preposition instead: proceeds with the vote, proceeds through the intersection, or, for origins, proceeds from a cause. "She proceeds the plan" is wrong, and "she proceeds with the plan" is right.

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