What does profiteering mean?
Definitions for profiteering
prof·i·teer·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word profiteering.
Wiktionary
profiteeringnoun
The act of making an unreasonable profit not justified by the corresponding assumption of risk, or by doing so unethically
Wikidata
Profiteering
Profiteering is a pejorative term for the act of making a profit by methods considered unethical. Business owners may be accused of profiteering when they raise prices during an emergency. The term is also applied to businesses that play on political corruption to obtain government contracts. Some types of profiteering are illegal, such as price fixing syndicates and other anti-competitive behaviour, for example on fuel subsidies, or restricted by industry codes of conduct such as aggressive marketing of products in the third world such as baby milk.
Numerology
Chaldean Numerology
The numerical value of profiteering in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of profiteering in Pythagorean Numerology is: 7
Examples of profiteering in a Sentence
We have to respect the process, but if it is said that there is profiteering, asking for shares, that is not done. This is about decency, morality, and the authority of the state.
Uber is a notoriously predatory company that has long denied its drivers a living wage. Its attempt to acquire Grubhub - which has a history of exploiting local restaurants through deceptive tactics and extortionate fees - marks a new low in pandemic profiteering.
It's not based on a system of profiteering, whether it's real estate speculators, whether it's insurance companies, or whether it's drug companies. Health care is a human right.
The DHS’s decision to partner with private prisons sends a horrible message about profiteering at the expense of individuals seeking asylum, during ICE detention, these people have been subject to abuse and mistreatment. Incentivizing private companies to detain people for profit only exacerbates our criminal justice system problems. To allow more people to be incarcerated for a profit in Ohio sends our state in the wrong direction.
It’s not a good look to be seen to be profiteering.
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"profiteering." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/profiteering>.
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