profiteering

  

Definition

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.

Use profiteering in a sentence

  • When he decided to charge 39% annual interest on his short-term loans, the payday lender was accused of profiteering by many in the community.

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  • The profiteering engaged in by the businessmen as deemed to be sub optimal for our region so they were not allowed to do anymore business.

    5 people found this helpful    
  • You must hope that you are never accused of profiteering or you may get a very bad reputation with your customers.

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