pro·ceeds / ˈprōˌsēdz/ • pl. n. money obtained from an event or activity: proceeds will help purchase new equipment.

PROCEEDS

The yield, income, money, or anything of value produced from a sale of property or a particular transaction.

Proceeds refers to whatever is received when an item is sold or to that which results or accrues from some possession or transaction. Proceeds are classified into cash and noncash categories.