Profitable Meaning: Definition, Examples, and Translations
๐ฐ
profitable
[หprษfษชtษbl ]
Definitions
business
Producing a profit; beneficial; lucrative.
Synonyms
gainful, lucrative, productive.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| profitable |
Used to describe something that generates a good amount of profit or benefits. It is often used in business or financial contexts to indicate success and financial gain.
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| lucrative |
Describes something that is highly profitable and brings in a significant amount of money. It is often used with jobs, projects, or investments that are exceptionally rewarding financially.
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| gainful |
Refers to employment or work that provides financial remuneration or benefits. It often implies stable and steady income.
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| productive |
Typically used to describe someone or something that produces a high amount of output, whether in terms of work, goods, or results. It focuses more on output rather than financial gain.
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Examples of usage
- This investment is expected to be very profitable in the long run.
- Starting a small business can be profitable if done correctly.
- The company has become more profitable since implementing new cost-cutting measures.
general
Beneficial; advantageous.
Synonyms
advantageous, beneficial, rewarding.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| profitable |
Typically used in a business or financial setting when discussing investments, ventures, or strategies that generate significant monetary gain.
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| advantageous |
Often used to describe situations or choices that provide a superior position or benefit in various contexts, including business, personal decisions, or competitive scenarios.
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| beneficial |
Commonly used in a broader sense to indicate something that promotes well-being or has a positive impact, suitable for health, environment, relationships, and general favorable outcomes.
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| rewarding |
Generally used to describe activities or experiences that provide personal satisfaction, fulfillment, or emotional benefit, and not necessarily financial gain.
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Examples of usage
- It is always profitable to have a positive attitude.
- Learning a new language is a profitable experience.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Economics
- In microeconomics, a business is considered profitable if its total revenue exceeds its total costs.
- A company can be profitable even if it doesn't pay out dividends, as long as it retains earnings for growth.
- Profitability ratios are used to measure a company's ability to generate profit relative to its revenue, assets, or equity.
Business Strategies
- Companies often focus on profitability by reducing costs or increasing sales, aiming for higher margins.
- Sustainable profitable practices involve ethical considerations, like fair labor and environmental conservation.
- Entrepreneurs frequently seek innovative ideas for products and services that can become highly profitable.
Psychology
- Studies have shown that the pursuit of profit can influence decision-making and risk-taking behaviors in individuals.
- Perception of profitability may be linked to motivation โ people often strive for jobs or investments they think will yield high returns.
- The profit motive can create a competitive environment, impacting teamwork and collaboration in workplaces.
Investment
- Investors look for profitable businesses to ensure a good return on their investment over time.
- Market trends indicate that diversification of investments can lead to increased overall profitability.
- Financial analysts use various metrics, like Return on Investment (ROI), to assess a companyโs profitability potential.
Origin of 'profitable'
Main points about word origin
- The word 'profitable' originates from the Latin word 'profitare', meaning to make a profit.
- It became part of the English language in the late Middle Ages as trade and commerce began to flourish.
- In business terminology, profit refers to surplus after all expenses are deducted from revenue.
The word 'profitable' originated from the Latin word 'proficere' meaning 'to benefit'. Over time, it evolved to its current form in English, retaining its core meaning of being beneficial or producing a profit. The concept of profitability has been important in various aspects of human endeavors, especially in business and economics.
See also: nonprofit, profit, profitability, profitableness, profitably, profiteer, profiteering, profitize, profits.