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Profits and Costs

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bequestsGifts made in a will.
costThe expense required to acquire or produce something.
endowmentA pool of donated money that is usually invested. The earnings from those investments are used to fund an organization’s goals.
not-for-profit organizationAn organization whose purpose is to support activities of public or private interest. It is not operated solely for the purpose of making a profit.
profitMoney earned after expenses are subtracted from revenue.
profit marginA measure of a company’s profitability, usually measured as a percentage, which is calculated by dividing profit by revenue.
revenueTotal sales from goods and services before expenses and taxes.


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