profiteering
noun1
Usually The act of making an unreasonable profit not justified by the corresponding assumption of risk, or by doing so unethically or opportunistically.
- war profiteering
- Pfizer has made nearly $26bn (£21bn) in revenues in the first three months of the year, the bulk from its Covid-19 vaccine and new pill to treat the virus, prompting fresh accusations of pandemic profiteering.2022 May 3, Julia Kollewe, “Pfizer accused of Covid profiteering as first-quarter sales hit $26bn”, in The Guardian:
- Derived terms
- antiprofiteering, nonprofiteering, propheteering, unprofiteering
- Related terms
- price gouging