profit system

noun

Definition of profit system

Examples of profit system in a Sentence

Recent Examples on the Web

The consequences of this unregulated, for-profit system can touch the absurd. Benjamin Wofford, Vox, "The midterms are already hacked. You just don’t know it yet.," 25 Oct. 2018 The combined, not-for-profit system would also dethrone the nation’s largest pure hospital operator, the Hospital Corporation of America (HCA), which has 177 hospitals and reported $41.5 billion in 2016, according to Modern Healthcare data. Keshia Hannam, Fortune, "Ascension and Providence St. Joseph in Talks to Form U.S. 's Largest Hospital Operator," 11 Dec. 2017 According to a Memorial Hermann Health System spokesperson, at least five of the not-for-profit system's 11 Houston area hospitals with labor and delivery units reported increases in the number of deliveries during Hurricane Harvey. Reuters, Fortune, "As Hurricane Irma Bears Down, Miami Hospitals Ready for a Surge in Births," 5 Sep. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'profit system.' 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 system

1945, in the meaning defined above

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The first known use of profit system was in 1945

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