cappedsaleprofit
nounUK /ˌkæpt ˈseɪl ˈprɒfɪt/
US /ˌkæpt ˈseɪl ˈprɑːfɪt/
The most money someone is allowed to make when they sell something.
The city put a cappedsaleprofit on tickets so they would not cost too much.
RELATED WORDS
OTHER MEANINGS
2. A rule that stops a seller from earning more than a set amount on a deal.
Under the cappedsaleprofit, the shop could keep only part of the extra money.
3. The top amount of gain allowed when an item is resold.
The cappedsaleprofit kept resellers from charging huge prices.
4. A limit on how much profit a company may report from one sale.
Auditors checked that the cappedsaleprofit was applied correctly.