The first thing we are going to do is determine the etymological origin of the word profit. This action leads us to verify that this term is the sum of the Gothic word they win, which can be translated as "covet", and the suffix -Inc, which is equivalent to "quality".
Gain is the action and effect of winning (acquire flow or increase it, obtain a salary in a job , stay with what is disputed in a game , conquer a square). The term usually refers to the utility that results from a deal or an action.
For example: "In the last three years, the company achieved a profit of over one million dollars", “I work ten hours a day in exchange for a profit that barely allows me to make ends meet”, “Employers always keep the profits, but the losses are distributed among the employees”.
It is known as economic gain or economic benefit to utility that the actor obtains from an economic, commercial or productive process. It can be calculated as total income (obtained from sales, investment interests, etc.) minus total costs (production expenses, taxes) .
If a person invests two hundred pesos in bread, ham and cheese to make sandwiches and, after the sale of these, receives three hundred pesos, he will have obtained a profit of one hundred pesos. There are, of course, intangible values, such as the time spent making sandwiches.
It is customary, in the economic sphere, that when the term profit is discussed, the word loss also appears quickly. Specifically, the most common thing is that there is talk of "profit and loss" at the same time, that is, the benefits and expenses that any company or business that has been running has had.
Precisely those are usual to be noted in a relevant and appropriate document for this purpose, with the clear objective that at the end of the month, quarter or year can make calculations that dictate, based on both, if the company in question it is profitable or not.
In everyday language, it is possible to refer to winning weather or other symbolic or abstract values. These types of earnings are subjective according to personal assessment, unlike economic gains: “Buying a car meant a gain of time when going to work”, "Juan installed a sliding door and achieved a significant gain of space in his kitchen".
Colloquially, the term profit is also used in another way. Thus, for example, it is customary to speak of "child of gain." It is an expression that is used as a synonym for a natural child, that is, as that offspring that a man and a woman have together.
In addition to all of the above, it should be stressed that in the field of electronics, the term profit is also used. Where appropriate, it is used to refer to the relationship between the input signal and the output signal. This magnitude is usually measured in bels or decibels.