profiteering
- adjective
- /ˌprɒfɪˈtɪrɪŋ/
- They criticized the profiteering practices of some retailers who charged inflated prices for hand sanitizers.
Examples
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That's just what profiteering money managers do all the time; they cut people off their job rolls to simplify their accounting needs and reach their target goals.
Blog text (33) -
During the pandemic, many companies resorted to profiteering by raising their prices on essential goods.
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The government's investigation revealed instances of profiteering among businesses that exploited the crisis.
Synonyms
Using people or situations unfairly to get personal benefit
How Exploitative
Surface Forms
Morphology
Etymology
Profiteering is formed from profit 'money you gain' plus -eer 'someone who does something', and it describes people or businesses who try to get extra, often unfair money. So a profiteering company is one that takes advantage of a bad situation to make large profits.