prophet, profit

The words prophet, profit sound the same but have different meanings and spellings. Why do prophet, profit sound the same even though they are completely different words?

The answer is simple: prophet, profit are homophones of the English language.

profit
  1. :: noun

    An advantageous gain or return; benefit.

  2. :: noun

    The return received on a business undertaking after all operating expenses have been met.

  3. :: noun

    The return received on an investment after all charges have been paid. Often used in the plural.

  4. :: noun

    The rate of increase in the net worth of a business enterprise in a given accounting period.

prophet
  1. :: noun

    A person who speaks by divine inspiration or as the interpreter through whom the will of a god is expressed.

  2. :: noun

    A person gifted with profound moral insight and exceptional powers of expression.

  3. :: noun

    A predictor; a soothsayer.

  4. :: noun

    The chief spokesperson of a movement or cause.

Definitions from The American Heritage® Dictionary of the English Language, 4th Edition and Wordnik.

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About Homophones

Homophones (literally "same sound") are usually defined as words that share the same pronunciation, regardless of how they are spelled.

If they are spelled the same then they are also homographs (and homonyms); if they are spelled differently then they are also heterographs (literally "different writing").