Definition of profit-taking in US English:
profit-taking
(also profit taking)
nounˈpräfət ˌtākiNGˈprɑfət ˌteɪkɪŋ
The sale of securities that have risen in price.
there was active profit-taking among retail stocks
Example sentencesExamples
- The transport sector was down 2.97 percent after profit-taking among shipping stocks triggered by reports that bulk shipping rates are likely to weaken due to oversupply next year.
- In addition, profit-taking continued to affect prices following previous gains, and technical factors were seen casting a shadow over the next trend.
- Analysts said stop-loss selling that had aggravated the recent sell-off in blue-chip stocks was continuing, while profit-taking put a brake on recent gainers such as Sharp Corp.
- ‘A mix of profit-taking, seasonal timing and the proposed legislation to combat stamp duty saving schemes coming into force on July 23 is likely to have contributed to more deals,’ the report states.
- With the Dow Jones and the Nasdaq both enjoying healthy gains, even the troubled internet sector saw some profit-taking as technology stocks rose throughout Friday.