IPA: /ˌprɒfɪˈtɪərɪŋ/
KK: /prɒfɪˈtɪrɪŋ/
The act of making excessive profits, often in an unfair or unethical way, especially during times of crisis or shortage.
The company was accused of profiteering during the pandemic by raising prices on essential goods.
To make excessive profits, especially in a way that exploits a situation or takes advantage of others.
During the crisis, some businesses engaged in profiteering by raising prices on essential goods.
Past: profiteered
Past Participle: profiteered
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.
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.