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Profiteering
PROFITEERING

Definition: (disapproving) The act of making a lot of money in an unfair way, for example by asking very high prices for things that are hard to get.
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* All eight elements should be in.


1. Purposeful and necessary, for profiteer to maximize the opportunity (read: to satisfy greed!).

2. What is sold or traded in is not illegal. That is, product or service from which megabucks is made is not prohibited by law.
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3. No force or threat or blackmail is employed in the transaction.

4. Object of trading is the 'real deal'. That is, item is not presented as another item of a higher, superior or better quality.
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5. Scarcity is not artificial, that is, trader or seller is not directly or indirectly responsible for the situation.

6. Money earned (= profit) is judiciously used. That is, loads of money serves some purpose(s) - for the greedy person.
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7. Taxes, duties, etc. due to be paid on money have been paid (to emphasize).

8. No illegality is committed in the process of making unfair money.
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