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profiteering

profiteering

7.0
A person or business that tries to get unfairly large amounts of money by taking advantage of a crisis
  • adjective
  • /ˌprɒfɪˈtɪrɪŋ/
translation icon : especulador
  • They criticized the profiteering practices of some retailers who charged inflated prices for hand sanitizers.

Examples

  • 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.

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  • During the pandemic, many companies resorted to profiteering by raising their prices on essential goods.

  • The government's investigation revealed instances of profiteering among businesses that exploited the crisis.

Synonyms

exploitive
vsprofiteering
3 7.3

Using people or situations unfairly to get personal benefit

focuses on making excessive monetary gains from that advantage

How Exploitative

price gouging
  • Specialized
10 6.6
profiteering
7.0
opportunism
8 7.3

Surface Forms

profiteering positive

Morphology

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

The adjective is a standard participial adjective formed by '-ing' on 'profiteer', conveying the expected meaning of someone or something engaged in profiteering.

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.