Meaning of the word proceeds in English

What does proceeds mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

proceeds

US /ˈproʊ.siːdz/
UK /ˈprəʊ.siːdz/
"proceeds" picture

Plural Noun

money obtained from an event or activity

Example:
The proceeds from the charity auction went to local schools.
All proceeds from the concert will be donated to environmental causes.