Accounting profit

Accounting profit is the amount of revenue remaining for the owners of a firm after all the factors of production except capital have been compensated. (Cf. economic profit, profit.)

Definition

According to Macroeconomics by Mankiw (7th edition),

Accounting profit. The amount of revenue remaining for the owners of a firm after all the factors of production except capital have been compensated. (Cf. economic profit, profit.)