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profiteering

noun

prof·​i·​teer·​ing ˌprä-fə-ˈtir-iŋ How to pronounce profiteering (audio)
: the act or activity of making an unreasonable profit on the sale of essential goods especially during times of emergency
… investigations unearthed information about industrial profiteering during the First World War … Thomas E. Ricks
The real estate culture in Florida had pushed profiteering to new levels, in large part because of its condominium economy. Paul Reyes

Example Sentences

Recent Examples on the Web Since 2019, there has been a price cap, which is now updated every three months by the country’s energy regulator, to protect consumers from blatant profiteering. Sam Knight, The New Yorker, 17 Aug. 2022 Maisie’s big-picture questions enter the story a little more than halfway through, shifting the emphasis, stirring up healthy doubt and ultimately touching on such matters as scapegoating and war profiteering. Sheri Linden, The Hollywood Reporter, 7 July 2022 But every player carted off on a backboard, every revelation of cynical profiteering (using patriotism or cancer awareness), and every half-assed, belated response to social justice issues cools my interest more. Joe Lindsey, Outside Online, 3 Aug. 2022 New York state banned for-profit cemeteries in 1847 — not only to prevent profiteering but to ensure solid financial management. Carson Kessler, ProPublica, 25 July 2022 These drugs were once seen as a tonic: a chemical rejoinder to the culture of corporate profiteering. Wired, 28 July 2022 Three months later the government introduced measures to control food prices and prevent profiteering during Ramadan and Hari Raya festival celebrations. Rainer Michael Preiss, Forbes, 8 June 2022 My windfall-profit tax, proposed with Sen. Sheldon Whitehouse, will go after corporate profiteering and give an inflation rebate to Americans to help with gas bills. WSJ, 10 Apr. 2022 The intended impact of some of those ideas — involving militarism, class, profiteering and Big Pharma — grows muddled, though, as the film shifts into a second half driven by action set pieces. Sheri Linden, The Hollywood Reporter, 28 Mar. 2022 See More

Word History

First Known Use

1814, in the meaning defined above

Time Traveler
The first known use of profiteering was in 1814

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