Proceeds


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Proceeds

Money received by the seller of an asset.

Proceeds

The money one receives from a transaction, usually before all commissions, fees, and related expenses. For example, if one sells his/her house, the proceeds are the funds one receives from the buyer. In many ways, proceeds are identical to revenue, but they often refer to a single sale or transaction rather than all of the money one receives over a period of time.

proceeds

The amount received from the sale of an asset. The term usually refers to the amount received before deduction of commissions or other costs related to the transaction. See also net proceeds.
References in classic literature ?
He thought the bell sounded from the depths of these still lakes; but then he remarked again that the tone proceeded not from there, but farther off, from out the depths of the forest.
In a short time, I proceeded to remove my family from Clench to this garrison; where we arrived safe without any other difficulties than such as are common to this passage, my wife and daughter being the first white women that ever stood on the banks of Kentucke river.
The generous usage the Indians had promised before in my capitulation, was afterwards fully complied with, and we proceeded with them as prisoners to old Chelicothe, the principal Indian town, on Little Miami, where we arrived, after an uncomfortable journey, in very severe weather, on the eighteenth day of February, and received as good treatment as prisoners could expect from savages.--On the tenth day of March following, I, and ten of my men, were conducted by forty Indians to Detroit, where we arrived the thirtieth day, and were treated by Governor Hamilton, the British commander at that post, with great humanity.
I found our fortress in a bad state of defence, but we proceeded immediately to repair our flanks, strengthen our gates and posterns, and form double bastions, which we compleated in ten days.
We took from them three horses, and all their baggage; and being informed, by two of our number that went to their town, that the Indians had entirely evacuated it, we proceeded no further, and returned with all possible expedition to assist our garrison against the other party.
We immediately proceeded to collect what we could of our horses, and other cattle, and bring them through the posterns into the fort: And in the evening of the ninth, I returned answer, that we were determined to defend our fort while a man was living--Now, said I to their commander, who stood attentively hearing my sentiments, We laugh at all your formidable preparations: But thank you for giving us notice and time to provide for our defence.
They began at the water- mark and proceeded in the bank some distance, which we understood by their making the water muddy with the clay; and we immediately proceeded to disappoint their design, by cutting a trench across their subterranean passage.
We were informed that the Indians, numbering their dead, found they had four killed more than we; and therefore, four of the prisoners they had taken, were, by general consent, ordered to be killed, in a most barbarous manner, by the young warriors, in order to train them up to cruelty; and then they proceeded to their towns.
And thus he proceeded onwards till he arrived at the end of the Rue de Noailles, from whence a full view of the Allees de Meillan was obtained.
Having obtained the address of the person to whom the house in the Allees de Meillan belonged, Dantes next proceeded thither, and, under the name of Lord Wilmore (the name and title inscribed on his passport), purchased the small dwelling for the sum of twenty-five thousand francs, at least ten thousand more than it was worth; but had its owner asked half a million, it would unhesitatingly have been given.
After this, he proceeded down the river, about five miles below the forks, when he came to a halt on the 26th of September, to establish his winter quarters.
If you do, you may now proceed to their exemplification in the following pages: if you do not, you have, I assure you, already read more than you have understood; and it would be wiser to pursue your business, or your pleasures (such as they are), than to throw away any more of your time in reading what you can neither taste nor comprehend.

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