profit centre


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Related to profit centre: investment centre

profit centre

n
(Accounting & Book-keeping) a unit or department of a company that is responsible for its costs and its profits
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

profit centre

, (US) profit center
nProfitcenter nt
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

profit centre

ncentro di profitto
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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References in periodicals archive ?
The Vacon Drives Finland Profit Centre will include the production operations of the Vaasa factory in Finland as well as Finland's R&D, product management and maintenance and after-sales functions related to the products manufactured in the plant.
He said: 'We have demonstrated already our expertise in creating a successful business process outsourcing facility and will now turn it from a cost centre into a profit centre.'
For the time being Ahola is also responsible for the retail and wholesale trade profit centre, Solteq said.
The entire personnel of the company's subsidiary Vianor's retreading plants in Finland, Sweden and Norway would transfer to the new profit centre, Nokian Renkaat added.
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.

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