proceeds were

USAGE SUMMARY

The phrase "proceeds were" is correct and usable in written English.
It can be used when discussing the earnings or profits generated from a specific event or activity, often in a financial context. Example: "The proceeds were donated to charity after the fundraising event concluded."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

Total proceeds were £32.8m.

The Guardian

Proceeds were the first earnings.

Cornell University

But the proceeds were slim.

The New York Times

All proceeds were to support internal improvements.

The New York Times

None of the proceeds were set aside for acquisitions.

The New York Times - Sports

The proceeds were supposed to go to Indians.

The New York Times

The proceeds were used to finance real estate ventures.

The New York Times

(The proceeds were shared among five partners; his brother was not among them).

The New York Times - Tech

The proceeds were transferred to bank accounts of companies in Cyprus and Greece, the magazine said.

The New York Times

The proceeds were used to pay THL a dividend of $137 million.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

The proceeds are then remitted anonymously.

The Economist

Expert writing Tips

Best practice

When using "proceeds were", ensure the context clearly indicates the source or activity that generated the funds. For example: "The proceeds from the charity auction were donated to the local shelter."

Common error

Avoid assuming "proceeds were" always refers to the net amount. Specify 'net proceeds' if you're discussing the amount after deductions. Otherwise, it might be interpreted as the gross amount before expenses.

Linguistic Context

The phrase "proceeds were" primarily functions as a linking verb phrase, connecting the noun "proceeds" (the money obtained from something) to a description of what happened to that money. Ludwig AI confirms its correct usage.

Expression frequency: Very common

Frequent in

News & Media

67%

Formal & Business

17%

Academia

8%

Less common in

Wiki

3%

Science

3%

Reference

1%

Ludwig's WRAP-UP

In summary, the phrase "proceeds were" is a grammatically correct and frequently used expression, mainly within news, business, and academic contexts to indicate the outcome or destination of funds. As Ludwig AI confirms, its versatility allows it to fit seamlessly in varied scenarios, from detailing charitable donations to reporting financial results. To avoid ambiguity, specify 'net proceeds' when discussing the amount after expenses. Using this will help maintain clarity and ensure accurate communication about financial matters.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

earnings amounted to

Emphasizes the total amount of money earned.

revenue totaled

Focuses on the total income generated from sales or services.

profits reached

Highlights the net gain after deducting expenses.

funds allocated to

Indicates the specific distribution of money for a purpose.

receipts amounted to

Focuses on the total sum of money received.

income derived from

Highlights the source from which money was obtained.

returns generated

Emphasizes the financial gains produced by an investment or activity.

takings totaled

Indicates the total amount of money taken in, especially in sales.

the sum of the earnings

Refers to all earnings combined.

the monetary gains

Highlights the profits or financial benefits.

FAQs

How can I use "proceeds were" in a sentence?

Use "proceeds were" to describe what happened to money generated from a specific event or activity. For instance, "The concert's proceeds were donated to the music program".

What can I say instead of "proceeds were"?

Alternatives include "earnings amounted to", "revenue totaled", or "profits reached" depending on the context.

Is it correct to say "the proceeds was" instead of "proceeds were"?

No, "proceeds" is a plural noun, so the correct form is "proceeds were". Using "proceeds was" is grammatically incorrect.

What is the difference between "proceeds" and "profits"?

"Proceeds" generally refer to the total amount of money received from a sale or event, while "profits" refer to the amount remaining after deducting all costs and expenses. Thus, using "profits reached" instead of "proceeds were" implies that expenses were already taken into consideration.