C1 noun Formal

proceed

/ˈproʊ.siːdz/

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 5
1

The 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.

2

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.

3

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

Noun
proceeds
Verb
proceed
Adverb
procedurally
Adjective
procedural
Related
procedure
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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

1

The proceeds from the garage sale were donated to the local animal shelter.

everyday

The money earned from the garage sale was given to the local animal shelter.

2

All proceeds of the charity auction will be distributed among several international aid organizations.

formal

All the money collected from the charity auction will be shared between several international aid groups.

3

We made fifty dollars today, and we're going to split the proceeds equally.

informal

We earned fifty dollars today and we will divide the income equally.

4

Economists are debating how the proceeds from the new wealth tax should be allocated for public infrastructure.

academic

Economists are discussing how the money generated by the new wealth tax should be used for public building projects.

5

The board of directors decided to use the net proceeds from the divestment to fund a new research facility.

business

The directors decided to use the remaining profit from the sale of assets to pay for a new research building.

Word Family

Noun
proceeds
Verb
proceed
Adverb
procedurally
Adjective
procedural
Related
procedure

Common Collocations

net proceeds the amount remaining after all costs and expenses are deducted
gross proceeds the total amount received before any expenses are taken out
sale proceeds the money obtained from selling something
donate the proceeds to give the money earned from an event to a cause
proceeds of crime money or assets obtained through illegal activities

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

proceed vs precede

Precede is a verb meaning to come before something else in time or order, while proceeds is a noun meaning money earned.

proceed vs proceedings

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

Used as a plural noun Commonly followed by the preposition 'from' or 'of' Takes a plural verb (e.g., 'the proceeds were...')
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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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multiantidom

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pretactate

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C1

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