profiteering Definition
the act of making a large profit by charging high prices for goods or services that are difficult to obtain.
Using profiteering: Examples
Take a moment to familiarize yourself with how "profiteering" can be used in various situations through the following examples!
Example
During the pandemic, some people were accused of profiteering by selling masks at exorbitant prices.
Example
The company was accused of profiteering from the war by selling weapons at inflated prices.
Example
The government has implemented measures to prevent profiteering in the housing market.
profiteering Synonyms and Antonyms
Synonyms for profiteering
- exploitation
- usury
- price gouging
Summary: profiteering in Brief
Profiteering [pruh-fi-teer-ing] refers to the act of making a large profit by charging high prices for goods or services that are difficult to obtain. It is often associated with unethical practices such as price gouging and exploitation. Examples of profiteering include selling masks at exorbitant prices during the pandemic and selling weapons at inflated prices during wartime.
