profit taking

Noun

Meaning

profit taking (countable and uncountable, plural profit takings)

The act of extracting profit, as cash or equivalent, from an investment, often by selling part of it.
The stock market was down today amid profit taking, the share holders wanted to get some of the increase in stock price as cash while they could.

profit-taking (countable and uncountable, plural profit-takings)

Alternative form of profit taking

Alternative names

profit-taking

Synonyms

Examples

“It’s not unusual for these five-day runs to be met with a bout of profit-taking, especially given the headlines on the virus,” said Quincy Krosby, chief market strategist at Prudential Financial. Source: Internet

Prospects of a large crop and profit-taking loomed over prices in the soy complex this morning. Source: Internet

South Korean stocks closed lower Wednesday as foreigners offloaded stocks on profit-taking in the face of overnight losses on Wall Street. Source: Internet

Liberum downgraded the stock, and one trader also said expectations were very high for Boohoo and some profit-taking was likely. Source: Internet

Excessive profit-taking by health providers or insurance companies is regulated and violators are prosecuted. Source: Internet

Nigerian stocks lost about N900billion last week triggered by profit-taking after the January surge. Source: Internet

Close letter words and terms