- the money that you receive when you sell something or organize a performance, etc.; profits
- She sold her car and bought a piano with the proceeds.
- proceeds of/from something The proceeds of the concert will go to charity.
Extra Examples- The proceeds will be used to improve the school playground.
- They bought a new minibus with the proceeds from the auction.
- Net proceeds for 2023 were $16 million and will be used to fund further growth.
Oxford Collocations Dictionaryadjective- total
- gross
- net
- …
- use
- invest
- split
- …
- benefit something
- go to something
- on the proceeds
- with the proceeds
- proceeds from
- …
- your share of the proceeds
Word Originearly 17th cent.: plural of the obsolete noun proceed, in the same sense, earlier meaning ‘procedure’.Want to learn more?
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Check pronunciation:
proceeds