Meaning & Definition of word "Profitable"
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Profitable
/ˈprɒfɪtəbl/
adjective:
- 1. Yielding advantageous returns or results, especially in financial terms.
- Example: Investing in renewable energy has proven to be a profitable venture for many companies.
- 2. Resulting in profit; financially beneficial.
- Example: The profitable nature of the new product line surprised the management team.
- 3. Producing a gain or profit; advantageous in a business context.
- Example: With careful planning, the startup became a profitable business within its first two years.
- 4. Providing a favorable outcome or benefit.
- Example: The partnership turned out to be more profitable than they had initially anticipated.
Etymology
Middle English: from Old French 'profit-able', from 'profit', meaning 'gain'.
Common Phrases and Expressions
profitable venture:
A business or project that is expected to yield profits.
profitable investment:
An investment that is likely to generate financial returns.
profitable market:
A market with high potential for financial gain.
Related Words
profit:
The financial gain made in a transaction.
revenue:
The income generated from normal business operations.
loss:
The amount by which income falls short of expenses.
Slang Meanings of profitable
Meaning: In the black
Example Sentence: After a successful quarter, our finances are finally in the black.
Meaning: Making bank
Example Sentence: He's making bank off that new startup idea.