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 periodicals archive ?
However, the assistant minister said the number of those who proceeded to tertiary education varied from the number who access government sponsorship.
The ProCeed scores highly on its looks and the rear window is angled at 64.2 degrees to give it true coupelike style - think Mercedes CLA, only cheaper.
All kind of traffic approaching from National Highway side shall proceed via Rashid Minhas Road.
As an IPR often proceeds alongside district court litigation, this provision was expected to encourage parties to negotiate to settle both the litigation and the administrative proceeding.
The firm said there was evidence that the proceeds were used to pay for authorised purposes.
'In the case of a policy maturing by the death of the insured, the proceeds thereof shall be paid within 60 days after presentation of the claim and filing of the proof of death of the insured,' Funa said, citing Section 248 of the Insurance Code.
Proceeds from the OBPS in Ontario, New Brunswick, Manitoba, and Saskatchewan will also be returned to the province of origin.
That you, on 16 December 2013, at Affin Bank Berhad, Bangunan Getah Asli Branch, Tingkat Bawah, 148, Jalan Ampang, in the Federal Territory of Kuala Lumpur, did engage in money laundering, in that you engaged directly in a transaction that involves proceeds of unlawful activity, to wit, by causing to be deposited proceeds of unlawful activity amounting to RM100,000.00 into Affin Bank Berhad account number: 1 58 belonging to you, thereby you have committed an offence under Section 4(1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (Act 613), punishable under Section 4(1) of the same Act.
Under the Act, a relator who obtains recovery is entitled to between 25 and 30 percent "of the proceeds of the action or settlement." In the context of Medicaid, which is a joint federal and state program, 50 percent of a Medicaid fraud recovery is generally the property of the federal government.
Muscat: The fourth quarter of 2017 witnessed a total of eight initial public offerings (IPOs) in the Gulf Cooperation Council (GCC), representing a notable increase compared with the previous or third quarter of 2017 (five IPOs), and raising total proceeds of $2.5 billion, an increase of $2.3 billion compared with the third quarter of 2017 ($234 million).
The proceeds will be used to reduce outstanding borrowings.
Bulgaria's organization for collective management of music rights PROPHON reported proceeds of BGN 5.4 M for 2013.

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