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profit center
noun
: a part of a corporation or its product line that is an important source of profits
Examples of profit center in a Sentence
Recent Examples on the Web
The yearly fees are a profit center for the company, generating $115 million in income from a year ago, or up 8.4%.
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Kate Gibson, CBS News, 21 Nov. 2024
But the real profit center created by slow payments is the myriad fees and costly loans charged to those who can’t afford to wait several days for their checks to clear.
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Greg McKenna, Fortune, 6 Nov. 2024
Another banker who requested anonymity for discussing internal thinking at their company said nature feels more like a philanthropic topic than a profit center.
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Sydney Lake, Fortune Europe, 17 Oct. 2024
This will enhance Altuzarra’s ecommerce capabilities, turning the digital channel into a profit center.
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Sharon Edelson, Forbes, 15 Oct. 2024
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Word History
First Known Use
1955, in the meaning defined above
Dictionary Entries Near profit center
Cite this Entry
“Profit center.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20center. Accessed 20 Feb. 2025.
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