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English definition of “profit-taking”

profit-taking

noun [U]
 
 
STOCK MARKET a situation in which people sell shares, etc. after prices have risen, in order to make a profit. This often causes prices to fall: Crude oil prices weakened amid profit-taking after a three-day rally. French shares started lower on profit-taking on Monday after a 3% gain last week.
(Definition of profit-taking from the Cambridge Business English Dictionary © Cambridge University Press)
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