'Proceeds' definitions:

Definition of 'proceeds'

From: WordNet
noun
The income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%" [syn: return, issue, take, takings, proceeds, yield, payoff]

Definition of 'Proceeds'

From: GCIDE
  • Proceeds \Pro"ceeds\, n. pl. That which comes forth or results; effect; yield; issue; product; sum accruing from a sale, etc. [1913 Webster]