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profit centre

British

noun

a unit or department of a company that is responsible for its costs and its profits

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The actor, 61, opened the Teatro del Soho theatre in Malaga two years ago to serve as a non profit centre for the production, training and promotion of performing arts.

From Reuters • Nov. 11, 2021

George Eckes, a consultant who worked with executives at the very top of GE before 2000, said that with hindsight GE had “followed this profit centre to the point of excess”.

From The Guardian • Dec. 1, 2018

By contrast, Apple Capital does not make loans, and is not meant to be a profit centre in its own right.

From Economist • Oct. 26, 2017

Treasury should take active positions in money markets, and become another profit centre.

From Salon • Oct. 31, 2015

The second reason falls under the concept that they don't need this to be their profit centre.

From BBC • Aug. 29, 2012

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023