proceed
The noun form, typically used in the plural 'proceeds,' refers to the total amount of money received from a particular event, sale, or activity. It is a formal term used in academic, legal, and business contexts to describe the result of a financial transaction or fundraising effort.
Examples
3 of 5The proceeds from the garage sale were donated to the local animal shelter.
The money earned from the garage sale was given to the local animal shelter.
All proceeds of the charity auction will be distributed among several international aid organizations.
All the money collected from the charity auction will be shared between several international aid groups.
We made fifty dollars today, and we're going to split the proceeds equally.
We earned fifty dollars today and we will divide the income equally.
Word Family
Memory Tip
Think of 'Pro-Seeds': You plant a seed (an event or business), and the money that grows from it are the 'proceeds'.
Quick Quiz
The ______ from the auction were used to build a new community center.
Correct!
The correct answer is: proceeds
Examples
The proceeds from the garage sale were donated to the local animal shelter.
everydayThe money earned from the garage sale was given to the local animal shelter.
All proceeds of the charity auction will be distributed among several international aid organizations.
formalAll the money collected from the charity auction will be shared between several international aid groups.
We made fifty dollars today, and we're going to split the proceeds equally.
informalWe earned fifty dollars today and we will divide the income equally.
Economists are debating how the proceeds from the new wealth tax should be allocated for public infrastructure.
academicEconomists are discussing how the money generated by the new wealth tax should be used for public building projects.
The board of directors decided to use the net proceeds from the divestment to fund a new research facility.
businessThe directors decided to use the remaining profit from the sale of assets to pay for a new research building.
Word Family
Common Collocations
Common Phrases
the proceeds of sale
the specific sum of money generated from a commercial sale
all proceeds go to
a phrase indicating that 100% of the money earned is dedicated to a specific cause
disbursement of proceeds
the act of paying out the money earned from an event or sale
Often Confused With
Precede is a verb meaning to come before something else in time or order, while proceeds is a noun meaning money earned.
Proceedings refers to a formal record of things said or done (like at a conference) or legal actions, rather than financial profit.
Usage Notes
The word is almost always used in the plural form 'proceeds' when referring to money. It is a common term in formal reports, academic papers regarding economics, and legal documents.
Common Mistakes
Learners often use the singular 'proceed' as a noun, which is incorrect in modern English; it must be 'proceeds' when referring to money or earnings.
Memory Tip
Think of 'Pro-Seeds': You plant a seed (an event or business), and the money that grows from it are the 'proceeds'.
Word Origin
Derived from the Latin 'procedere' meaning to go forward, evolving through Middle English to represent the results that 'come forth' from an action.
Grammar Patterns
Cultural Context
In many English-speaking countries, the phrase 'all proceeds go to charity' is a standard disclaimer for fundraising events such as bake sales, galas, or benefit concerts.
Quick Quiz
The ______ from the auction were used to build a new community center.
Correct!
The correct answer is: proceeds
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