Moneymaker: meaning, definitions and examples
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moneymaker
[ ˈmʌniˌmeɪkər ]
financial success
A moneymaker refers to an entity, scheme, or venture that generates a profit or capital gain. This can be a business, an investment, or even a particular product that consistently brings in revenue. Many entrepreneurs aim to create moneymakers in order to achieve financial independence. Moneymakers can also refer to ideas or projects that have the potential to yield high returns with minimal investment. Understanding what constitutes a moneymaker is essential for successful financial planning.
Synonyms
cash cow, profit generator, revenue source.
Examples of usage
- Investing in the stock market can be a great moneymaker.
- Her new app has turned into quite the moneymaker.
- Real estate can often serve as a solid moneymaker.
- They are always looking for moneymakers to fund their projects.
Etymology
The term 'moneymaker' is a compound word derived from 'money' and 'maker'. The word 'money' has its roots in the Latin word 'moneta', which refers to a mint, and derives from the Roman goddess Juno Moneta, who was associated with wealth and financial prosperity. The word 'maker' originates from the Old English 'macian', meaning 'to make or create'. The combination of these two terms began to be popularly used in the early 20th century, reflecting the growing emphasis on financial success and entrepreneurship. As the economy evolved, so did the significance of identifying and fostering moneymakers, leading to its common use in both business and casual conversations about wealth.