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


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.


Synonyms For Profiteering

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

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Profiteering. Payroll & Accounting Heaven Ltd. April 03, 2020
Chicago Manual of Style (CMS):
Profiteering. Payroll & Accounting Heaven Ltd. (accessed: April 03, 2020).
American Psychological Association (APA):
Profiteering. Retrieved April 03, 2020, from website:

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.