Profit-motive
noun
1.
the desire for profit that motivates one to engage in business ventures.
profit motive definition
The ability to earn profits as the reason for producers to make and sell goods.
Note: The profit motive is often called a great good or a great evil in society. On the one hand, it is said to represent selfishness; on the other, it is said to drive the free market system. (See invisible hand.)
Read Also:
- Profit-sharing
noun 1. the sharing of profits, as between employer and employee, especially in such a way that the employee receives, in addition to wages, a share in the profits of the business. profit-sharing noun 1. a system in which a portion of the net profit of a business is distributed to its employees, usually in […]
- Profit-squeeze
noun 1. a sharp narrowing of the gap between cost and revenue.
- Profit-taking
noun, Stock Exchange. 1. the selling of securities that have risen in price above costs; selling in order to realize a profit. profit taking noun 1. selling commodities, securities, etc, at a profit after a rise in market values or before an expected fall in values
- Profligacy
noun 1. shameless dissoluteness. 2. reckless extravagance. 3. great abundance.
- Profligate
adjective 1. utterly and shamelessly immoral or dissipated; thoroughly dissolute. 2. recklessly prodigal or extravagant. noun 3. a profligate person. adjective 1. shamelessly immoral or debauched 2. wildly extravagant or wasteful noun 3. a profligate person