Definition of profiteering
: the act or activity of making an unreasonable profit on the sale of essential goods especially during times of emergency
… investigations unearthed information about industrial profiteering during the First World War …— Thomas E. Ricks The real estate culture in Florida had pushed profiteering to new levels, in large part because of its condominium economy.— Paul Reyes
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Merriam-Webster unabridged
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Time Traveler for profiteering
The first known use of profiteering was in 1814
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