Profiteering - How To Discuss

calendarApr 19, 2023 · 1 min read  ·
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Profiteering,

Definition of Profiteering:

  • Inequitable or utterly unfair benefits, usually obtained through price manipulation, misuse of dominant position or lack of exploitation in bad or unusual circumstances. Generally, the government only controls profits that are illicit funds.

  • Attempts to obtain or obtain excessive or unfair profits, especially illegally or on the black market.

    • Synonyms of Profiteering

    Exploitation, Extortion, Racketeering

    How to use Profiteering in a sentence?

  • You should expect to never be accused of winning or you will have a very bad reputation with your customers.
  • When he decided to charge 39% interest per annum on his short-term loans, many members of the public accused him of being profitable on salaries.
  • Seven grocers were charged with profiteering.
  • The profits of traders are not considered ideal for our region, therefore, they can no longer do business.

    • Meaning of Profiteering & Profiteering Definition

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