Business, Legal & Accounting Glossary
Make or seek to make an excessive or unfair profit, especially illegally or in a black market.
The act of making an unreasonable profit not justified by the corresponding assumption of risk, or by doing so unethically
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.
increases in prices, speculation, speculations, profiteer, make profit
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This glossary post was last updated: 16th February, 2020 | 0 Views.