Meaning of the word "profit center" in English

What does "profit center" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

profit center

US /ˈprɑːfɪt ˌsen.tər/
UK /ˈprɑːfɪt ˌsen.tər/
"profit center" picture

Noun

1.

a department or division within a company that is responsible for its own revenues and costs, and therefore for its own profits or losses

Example:
The marketing department was reorganized as a profit center.
Each branch operates as an independent profit center.
Synonym:
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