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profiteering

Upper-Intermediate (B2)

IPA: /ˌprɒfɪˈtɪərɪŋ/

KK: /prɒfɪˈtɪrɪŋ/

noun
Definition

The act of making excessive profits, often in an unfair or unethical way, especially during times of crisis or shortage.


Example

The company was accused of profiteering during the pandemic by raising prices on essential goods.


Conversation
Sloth A
Did you hear about the new regulations on profiteering in the housing market?
Sloth B
Yeah, I think it's about time they cracked down on that.
Sloth A
Totally, it's been unfair to so many people looking for affordable homes.
Sloth B
Exactly! Making money at the expense of others is just wrong.

Synonyms & Antonyms
Synonyms
gouging
exploitation
scalping
Antonyms
fairness
equity
justice
verb
Definition

To make excessive profits, especially in a way that exploits a situation or takes advantage of others.


Example

During the crisis, some businesses engaged in profiteering by raising prices on essential goods.


Tense Forms

Past: profiteered

Past Participle: profiteered


Conversation
Sloth A
Did you hear about that company profiteering during the crisis?
Sloth B
Yeah, it's really frustrating to see that happen.
Sloth A
It seems like they just care about making money, right?
Root Explanation

Profiteering → It is formed from "profit" (from Old French *profit*, meaning benefit or gain) and "-eering" (a suffix indicating a person engaged in a specific activity). The word "profiteering" refers to the act of making excessive profits, often in unethical ways.

Memory Tip

Think of someone who is focused on making a 'profit' and is actively engaged in that activity ('-eering'). This helps you remember that profiteering means making excessive profits.

Visually Confused Words
unprofiteering
nonprofiteering
antiprofiteering
roistering
Is this page helpful?
Sloth B
Absolutely! It's all about ethics these days.

Synonyms & Antonyms
Synonyms
exploit
gouge
capitalize
Antonyms
support
assist
help