profit center investment & finance definition
A
part of a business organization that produces profits. A business may be broken
down into profit centers to give managers of the various profit centers more
accountability about making money.
See profit center in Wall Street Words
A segment of a business for which costs, revenues, and profits are separately calculated, with the manager of the segment being responsible for and judged on the performance of that segment. A large corporation with diversified interests in paper manufacturing, trucking, and fast food may regard each of these three businesses as a profit center.
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