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Gyp (1)
GYP (1)

Definition: (North American English, informal) An act of charging too much for something.
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* All six elements would be in.


1. Purposeful for the person or authority charging excessively.
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IT'S SIMPLY ... GREED.


2. Considered a necessity, by the greedy, to charge too much.
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MONEY, ... this SELLER'S god.


3. The fact that charge will be exorbitant is made known before supply or provision of good or service.
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NO SCRUPLES ...


4. Sales are unaffected by the high charges.
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... NO DISCOURAGEMENT.


5. Returns made to the authorities (= taxman, board, etc.) reflect jumbo profits from high charges. And tax, dividends, etc. is paid accordingly.
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STILL, IT MAKES NO SENSE.


6. Excessive profit is productively invested - ploughed back into the business, creates more employment opportunities, increase in the amount of dividend payment, etc. That is, high charges serve some purpose(s).
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See perfect PRICING/See perfect PROFITEERING/See perfect MONEY (2).

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