"Profiteer" Pronounce,Meaning And Examples

"Profiteer" Meaning

A person who makes money by taking advantage of a business opportunity, often by exploiting some kind of shortage, inflation, or other economic condition. It can also refer to someone who sells goods at an excessively high price, taking advantage of a rare or in-demand item.

"Profiteer" Examples

Usage Examples of Profiteer

1. Making a Quick Buck: The construction company profiteered by buying the undeveloped land at a low price and selling it at a high price once the zoning laws changed.

2. Taking Advantage of Circumstances: By censoring the commercials, TV stations can profiteer from advertisements of competitors who cannot reach their usual audience without the broadcast.

3. Exploiting Market Anomalies: The sophisticated investors came in and began to profiteer off of the automated stock trading market.

4. Exploiting Opportunities Arbitrarily: Investors who profiteer off the derivatives market was in significant controversy due to multiple account holders' cases that made major financial troughs.

5. Private And Exclusive Profiteering Disallowed: Governments have found ways to ensure the healthcare sector does not turn into an industry that profiteers medically.