Opportunity Meaning: Definition, Examples, and Translations
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opportunity
[ˌɒpəˈtjuːnɪti ]
Definitions
in business
A set of circumstances that makes it possible to do something. It can refer to a chance or a favorable time for a particular action, event, or decision.
Synonyms
chance, occasion, option, possibility, window of opportunity.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| opportunity |
Use this word when referring to a favorable time or situation for doing something, especially something that could lead to success or benefit.
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| chance |
Use this word in the context of a possibility, often something that happens by accident or luck. It can have a more casual or informal connotation.
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| possibility |
Use this word to refer to something that might happen or be true. It often indicates uncertainty.
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| option |
Use this word when referring to one of several choices or alternatives.
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| occasion |
Use this word to describe a specific event or a particular time when something happens. It often has a formal or celebratory tone.
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| window of opportunity |
Use this phrase to describe a short period during which a particular opportunity is available. It emphasizes urgency or a limited time frame.
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Examples of usage
- It is a great opportunity for us to expand our business overseas.
- She saw an opportunity to start her own company and took it.
- The economic crisis created new opportunities for entrepreneurs.
- He missed the opportunity to invest in the stock market when prices were low.
- The internship provided her with valuable networking opportunities.
in general
A good chance for advancement or progress. It can also mean a prospect or possibility for success.
Synonyms
avenue, chance, opening, possibility, prospect.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| opportunity |
A situation or condition that is favorable for attaining a goal or achieving something specific, often seen as a positive, advantageous, or beneficial moment.
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| prospect |
Refers to the chance or likelihood of a future event occurring, often used with an expectation of something likely or desirable, such as a job or a positive event.
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| possibility |
Indicates that something might happen or be true, without strong indications for or against, often used when contemplating different outcomes or scenarios.
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| chance |
A possibility due to random occurrence or luck, often carrying a sense of uncertainty and used in more casual contexts.
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| opening |
Refers to a vacancy or an available position, often in the context of jobs, roles, or events, suggesting an opportunity to enter or participate.
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| avenue |
Used metaphorically to refer to a way or method of achieving something or going forward, often implying a more formal or structured path.
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Examples of usage
- She saw the job offer as a great opportunity to further her career.
- There is an opportunity for students to study abroad next semester.
- The scholarship gave her the opportunity to pursue her dream of becoming a doctor.
- He seized every opportunity to improve his skills and knowledge.
- The project presented an opportunity for collaboration between different departments.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Psychology
- Research in psychology often links perception of opportunity with optimism; those who see more chances tend to have a more positive outlook.
- Opportunity recognition is a key concept in entrepreneurial success, where identifying market needs can lead to new business ideas.
- Studies show that people from supportive environments are more likely to spot and pursue opportunities in life.
Business
- In the business world, 'opportunity cost' refers to the value of the next best alternative that you miss out on when making a decision.
- Entrepreneurs often analyze market gaps to identify opportunities that can lead to new products or services.
- Networking can create numerous opportunities, as building relationships often leads to unexpected chances for collaboration.
Education
- In education, the term 'educational opportunity' refers to the chances students have access to quality learning.
- Access to technology is increasingly seen as a key opportunity for educational advancement in modern classrooms.
- Scholarships and grants are designed to provide equal educational opportunities to students from diverse backgrounds.
Pop Culture
- Many movies revolve around characters seizing an opportunity that changes their lives forever, highlighting its transformative power.
- Songs often celebrate taking chances, with lyrics encouraging listeners to grasp opportunities when they arise.
- Popular phrases like 'When one door closes, another opens' reflect a common view on embracing opportunities in life.
Origin of 'opportunity'
Main points about word origin
- The word 'opportunity' comes from the Latin 'opportunitas', which means 'fitness' or 'suitability', referring to favorable conditions.
- In ancient Rome, the term originally described the time when ships could safely enter a harbor, symbolizing a well-timed chance.
- The meanings have evolved over centuries to encompass the broader idea of favorable moments in life.
The word 'opportunity' originated from the Latin word 'opportunus', meaning 'favorable'. It first appeared in the English language in the 15th century. Throughout history, opportunities have played a crucial role in shaping individuals' destinies and influencing major events. From the industrial revolution to the digital age, seizing the right opportunities has been a key factor in success and progress.