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Simple English definitions for legal terms

profiteering

Read a random definition: valere seipsum

A quick definition of profiteering:

Term: PROFITEERING

Definition: Profiteering is when someone takes advantage of a situation where goods are scarce or in high demand to make a lot of money by selling those goods at very high prices. This often happens during times of war or other emergencies. A person who does this is called a profiteer.

A more thorough explanation:

Definition: Profiteering is when someone takes advantage of a special situation to make a lot of money. For example, during a war, some people might sell things that are hard to find at really high prices.

Examples:

  • During a natural disaster, some stores might charge a lot of money for things like water and batteries because they know people need them.
  • When a new video game console comes out, some people might buy a lot of them and then sell them for a lot more money than they paid.

These examples show how people can use a special situation to make more money than they should. It's not fair to charge a lot of money for something that people really need or want, especially if it's hard to find. That's why profiteering is often seen as a bad thing.

profit à prendre | profit insurance

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Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
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