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profiteering

profiteering

7 7.0
Taking advantage of a crisis to get unfairly large amounts of money
  • noun
  • /ˌprɒfɪˈtɪrɪŋ/
translation icon : especulación
  • Consumer advocates raised concerns about profiteering when prices soared following the announcement of the emergency state.
  • systematic profiteering
  • protests against profiteering
  • war profiteering

Yeah, massive profiteering, but that's the way the world's gone.

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Examples

  • War costs will expose more profiteering and more revolving-door abuse in the coming months.

    Blog text (17)
  • At the time, profiteering by both farmers and shopkeepers was widely blamed for the rise.

    Academic text (1996)
  • And a lot of people would also call that war profiteering.

  • If our economy were to succeed, we could not allow such profiteering to exist.

    Fiction book (2002)
  • Dozens of major US companies got busted back then for war profiteering.

  • Periodic revolts against the regime provided the army with ample opportunities for profiteering.

    Academic text (2003)
  • Talk of privatizing/profiteering from Medicare or social security is highly corrupt and crazy talk.

    Blog text (28)
  • Exposes of the profiteering and abuses of patients (financially and medically) under Medicare, Medicaid, and Workers' Compensation abound.

    Academic text (1993)
  • During the crisis, many companies were accused of profiteering at the expense of struggling families.

  • The government implemented regulations to prevent profiteering during natural disasters, ensuring fair prices for essential goods.

Synonyms

rent-seeking
vsprofiteering
  • Formal
1 9.5

To try to get money or benefits without creating new value by using power to change rules

targets excess profits during crises rather than gaining by manipulating systems
money-grubbing
vsprofiteering
  • Offensive
1 7.4

The act of trying to get as much money as possible, often dishonestly

focuses on gaining excessive unfair profit especially by exploiting crises

How Exploitative

price gouging
  • Specialized
10 6.6
profiteering
7 7.0
opportunism
8 7.3

Surface Forms

profiteering singular
profiteerings plural

Morphology

profiteering = profiteer (transparent) = profit + eer + ing

The word is formed by adding the participial/gerundial suffix '-ing' to 'profiteer', keeping the expected meaning of an action or adjectival participle.

Etymology

Profiteering comes from profit 'money you gain' and the ending -eer 'someone who does something', as in auctioneer. So profiteering means the act of getting extra, often unfair money by taking advantage of a crisis.