profit center

noun

Definition of profit center

: a part of a corporation or its product line that is an important source of profits

Examples of profit center in a Sentence

Recent Examples on the Web At Condé Nast, Bon Appétit, a rising profit center thanks in part to its popular cooking videos, has been the red-hot center of dissent in recent months, with many of its staff members quitting in protest. New York Times, "The White Issue: Has Anna Wintour’s Diversity Push Come Too Late?," 24 Oct. 2020 In reality, the show itself was by far Mr. Trump’s chief profit center. James Poniewozik, New York Times, "Donald Trump Was the Real Winner of ‘The Apprentice’," 28 Sep. 2020 Other auto shows around the country are put on by local dealer associations, which see the events as part of their marketing strategy rather than a profit center. Mark Phelan Detroit Free Press, Star Tribune, "The country's biggest auto shows are going to war," 25 Sep. 2020 That's a fraction of the 197 million iPhones Strategy Analytics projected sold in 2019, and at a lower price point, but it's still grown to a major profit center for Apple. Jefferson Graham, USA TODAY, "Apple announces two new Apple Watches," 15 Sep. 2020 Most of those efforts had to be done over time as funds were raised, borrowed and as the founding artists dug deep into their own pockets more than once to keep the not-for-profit center open. cleveland, "Valley Art Center kicks off 50th anniversary year with ‘Visionaries’ art exhibit," 11 Sep. 2020 Other auto shows around the country are put on by local dealer associations, who see the events as part of their marketing strategy rather than a profit center. Mark Phelan, Detroit Free Press, "L.A. auto show move ‘a declaration of war’ on shows in Detroit, New York," 11 Sep. 2020 But though that program is the department’s profit center, and the virus has yet to be contained, Tyra continues to appear impervious to pressure. Tim Sullivan, The Courier-Journal, "Even amid the coronavirus crisis, Louisville athletic director Vince Tyra remains calm," 8 July 2020 Trading a job heading a big profit center for his old role of running a big bank’s back office seems like a downshift. Shawn Tully, Fortune, "This Jamie Dimon protege has weathered six crises. Here is his coronavirus playbook," 24 May 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'profit center.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of profit center

1955, in the meaning defined above

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Time Traveler for profit center

Time Traveler

The first known use of profit center was in 1955

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Cite this Entry

“Profit center.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20center. Accessed 25 Feb. 2021.

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