proceeds

Money or property received when collateral is sold, exchanged, or collected. American Banker Glossary
————
money received by the seller of an asset. Bloomberg Financial Dictionary

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proceeds pro‧ceeds [ˈprəʊsiːdz ǁ ˈproʊ-] noun [plural]
1. FINANCE the money gained from selling something:

• Allied-Signal was planning to use the proceeds from the sale of Union Texas to reduce debt.

• cocaine-trafficking proceeds

2. the money that a business gets from Issuing (= selling) bonds, shares etc:

• San Diego will use the proceeds from the bond issue to acquire and install new police facilities.

ˌnet ˈproceeds FINANCE ACCOUNTING
1. the profit from selling assets after costs are taken away:

• PWA said net proceeds from the sale of the five aircraft will be about C$150 million.

2. the money obtained from a share or bond issue, after costs are taken away:

• UDR will use the $15.4 million net proceeds from the stock sale to reduce outstanding borrowings.

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proceeds UK US /ˈprəʊsiːdz/ noun [plural] FINANCE
the amount of money received from an activity, event, or the sale of assets: »

Most of the proceeds from the sale will be used to pay the retailer's debt.

»

Redemption proceeds of £1,000 or more can be transferred directly to the shareholder's bank account.

See also NET PROCEEDS(Cf. net proceeds)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • proceeds — pro·ceeds / prō ˌsēdz/ n pl 1: money or other property received as the result of a sale or other transaction esp. involving collateral retain a security interest in the proceeds of collateral 2: money received from an insurance policy Merriam… …   Law dictionary

  • Proceeds — Pro ceeds, n. pl. That which comes forth or results; effect; yield; issue; product; sum accruing from a sale, etc. [1913 Webster] …   The Collaborative International Dictionary of English

  • proceeds — [prō′sēdz΄] pl.n. the money or profit derived from a sale, business venture, etc. * * * …   Universalium

  • proceeds — [n] earnings from business gain, gate, handle, income, interest, lucre, produce, product, profit, receipts, result, returns, revenue, reward, split, take, takings, till, yield; concept 344 Ant. loss …   New thesaurus

  • proceeds — ► PLURAL NOUN ▪ money obtained from an event or activity …   English terms dictionary

  • proceeds — [prō′sēdz΄] pl.n. the money or profit derived from a sale, business venture, etc …   English World dictionary

  • proceeds — noun ADJECTIVE ▪ total ▪ gross ▪ net ▪ sale VERB + PROCEEDS ▪ use …   Collocations dictionary

  • proceeds — Issues; income; yield; receipts; produce; money or articles or other thing of value arising or obtained by the sale of property; the sum, amount, or value of property sold or converted into money or into other property. Proceeds does not… …   Black's law dictionary

  • proceeds — n. profit 1) net proceeds 2) proceeds from (proceeds from the sale of surplus property) * * * [ prəʊsiːdz] [ profit ] net proceeds proceeds from (proceeds from the sale of surplus property) …   Combinatory dictionary

  • proceeds — pro|ceeds [ˈprəusi:dz US ˈprou ] n [plural] formal the money that is obtained from doing something or selling something ▪ We sold the business and bought a villa in Spain with the proceeds. proceeds of/from ▪ The proceeds of the concert will go… …   Dictionary of contemporary English

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