Other Applications of The Term
The social profit from a firm's activities is the normal profit plus or minus any externalities or consumer surpluses that occur in its activity. A firm may report relatively large monetary profits, but by creating negative externalities their social profit could be relatively small.
Profitability is a term of economic efficiency. Mathematically it is a relative index – a fraction with profit as numerator and generating profit flows or assets as denominator.
Read more about this topic: Profit (economics)
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“We term sleep a death ... by which we may be literally said to die daily; in fine, so like death, I dare not trust it without my prayers.”
—Thomas Browne (1605–1682)