Definition.com
Profit is not, as the socialist would have it, a capitalist vice. The real vice is making losses.
Definition.com
Profit is part of the mechanism by which society decides what it wants to see produced.
Definition.com
Profit is the organization's measure of the benefits and quality it has delivered to customers. So are losses.
Definition.com
Profit is necessary to a business, or else it will die. But when anyone tries to run a business solely for profit, then also the business must die, for it no longer has a reason for existence.