The Collaborative International Dictionary of English v.0.48:
Proceeds \Pro"ceeds\, n. pl. That which comes forth or results; effect; yield; issue; product; sum accruing from a sale, etc. [1913 Webster]WordNet (r) 3.0 (2006):
proceeds n 1: 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]