Source : Webster's Revised Unabridged Dictionary (1913)

Proceeds \Pro"ceeds\, n. pl.
   That which comes forth or results; effect; yield; issue;
   product; sum accruing from a sale, etc.

Source : WordNet®

proceeds
     n : the income arising from land or other property; "the average
         return was about 5%" [syn: {return}, {issue}, {take}, {takings},
          {yield}, {payoff}]