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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The yearly fees are a profit center for the company, generating $115 million in income from a year ago, or up 8.4%. 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. 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. Sydney Lake, Fortune Europe, 17 Oct. 2024 This will enhance Altuzarra’s ecommerce capabilities, turning the digital channel into a profit center. Sharon Edelson, Forbes, 15 Oct. 2024 See all Example Sentences for profit center 

Word History

First Known Use

1955, in the meaning defined above

Time Traveler
The first known use of profit center was in 1955

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 15 Dec. 2024.

Last Updated: - Updated example sentences
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