Define: Profiteering

UK Accounting Glossary

Definition: Profiteering


Quick Summary of Profiteering


Make or seek to make an excessive or unfair profit, especially illegally or in a black market.



What is the dictionary definition of Profiteering?

Dictionary Definition


The act of making an unreasonable profit not justified by the corresponding assumption of risk, or by doing so unethically


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Full Definition of Profiteering


Disproportionately large or grossly unfair profit, generated often through manipulation of prices, abuse of dominant position, or by exploiting a bad or unusual situation such as temporary scarcity. There is usually no governmental control over profiteering unless it involves illegal means.


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Synonyms For Profiteering


increases in prices, speculation, speculations, profiteer, make profit


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Modern Language Association (MLA):
Profiteering. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 03, 2020 https://payrollheaven.com/define/profiteering/.
Chicago Manual of Style (CMS):
Profiteering. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/profiteering/ (accessed: April 03, 2020).
American Psychological Association (APA):
Profiteering. PayrollHeaven.com. Retrieved April 03, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/profiteering/

Definition Sources


Definitions for Profiteering are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th January 2020.