/ Dictionary / Index P profit taking: Meaning and Definition of Find definitions for: prof'it tak"ing Pronunciation: [key] — Stock Exchange. Stock Exchange. the selling of securities that have risen in price above costs; selling in order to realize a profit. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. profit squeeze profligacy Related Content Daily Word Quiz: cygnet Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language