profit centre

(redirected from profit centres)
Also found in: Financial.

profit centre

n
(Accounting & Book-keeping) a unit or department of a company that is responsible for its costs and its profits
Translations

profit centre

, (US) profit center
nProfitcenter nt

profit centre

ncentro di profitto
Mentioned in ?
References in periodicals archive ?
If all councils were to adopt an aggressive growth agenda, invest in profit centres, and increase their independent earnings by x% per annum, then provided that x% exceeded the accretion rate (of y% per annum) across all profit centres, all councils would be able to aim for a balanced budget year on year.
PK) said on Friday that it anticipates strong earnings in the range of USD6m to USD9m from previous gas storage services and other new gas profit centres agreement.
The company's new profit centres will include natural gas scheduling, gas nominations, capacity releases for the release of transportation capacity on interstate natural gas pipelines, gas transmission and delivery via the interstate pipeline system to their local utility customers.