Profiteered: meaning, definitions and examples

💰
Add to dictionary

profiteered

 

[ ˈprɒfɪtɪəd ]

Verb
Context #1 | Verb

unethical gain

To profiteer means to take advantage of a situation, typically during a crisis, to gain excessive profit, often at the expense of others. This term is often used in the context of businesses that exploit shortages or emergencies to inflate prices unjustly.

Synonyms

capitalized, exploited, gouged, monetized

Examples of usage

  • The company profiteered during the pandemic by raising prices on essential goods.
  • Many accused the landlords of profiteering when they increased rent after the hurricane.
  • Profiteering from the war led to public outrage and calls for regulation.

Translations

Translations of the word "profiteered" in other languages:

🇵🇹 lucrar excessivamente

🇮🇳 लाभ उठाना

🇩🇪 übermäßig profitieren

🇮🇩 memanfaatkan

🇺🇦 отримувати надприбуток

🇵🇱 czerpać zyski

🇯🇵 利益を得る

🇫🇷 profiter indûment

🇪🇸 sacar provecho

🇹🇷 aşırı kar sağlamak

🇰🇷 부당 이익을 얻다

🇸🇦 الاستفادة بشكل مفرط

🇨🇿 zneužívat

🇸🇰 zneužívať

🇨🇳 牟取暴利

🇸🇮 izkoristiti

🇮🇸 græða óhóflega

🇰🇿 пайда табу

🇬🇪 ფულის კეთება

🇦🇿 qazanc əldə etmək

🇲🇽 sacar provecho

Word origin

The term 'profiteer' originates from the French word 'profitier', which combines the Latin word 'proficere' meaning to accomplish or to advance, with the suffix '-eer', which denotes someone engaged in an activity. The use of the term gained prominence during times of war and economic strife when individuals or companies would attempt to make unusual profits by taking advantage of demand surges for scarce goods. Historically, profiteering is associated with unethical practices, often leading to public outcry against those who exploit crises to make excessive profits. Its negative connotation reflects societal disdain for greed and manipulation in commerce.

Word Frequency Rank

At position #42,496, this word is among the less frequently used terms in English. While interesting to know, it's not crucial for most English learners unless needed for specific purposes.