Unprofitable: meaning, definitions and examples
๐
unprofitable
[สnหprษfษชtษbl ]
Definition
financial situation
Unprofitable refers to a condition or state in which an entity fails to generate a profit or gain from its operations or endeavors. This situation may arise in businesses that face high costs, low sales, or unfavorable market conditions. Firms identified as unprofitable may need to reassess their strategy or operations to return to profitability. Being unprofitable for an extended period can lead to significant financial strain and possibly result in bankruptcy or closure.
Synonyms
loss-making, unproductive, unrewarding.
Examples of usage
- The startup remained unprofitable for three consecutive years.
- Investors are worried about the unprofitable nature of the venture.
- Many unprofitable companies struggle to attract funding.
Interesting Facts
Etymology
- The word comes from 'profit', which originated from the Latin 'proficere', meaning 'to advance or to make progress'.
- The prefix 'un-' indicates negation, turning 'profitable' into something that does not bring profit.
Economics
- A business can become unprofitable due to high costs, poor management, or lack of customer interest.
- Sometimes, companies operate unprofitably for a while, hoping to gain future profits by investing in growth.
Business Strategy
- Identifying unprofitable products helps companies streamline their offerings and focus on what works.
- Nonprofits often operate under a model that could be seen as unprofitable since they prioritize social impact over financial gain.
Psychology
- People often feel frustrated or discouraged when faced with unprofitable enterprises, impacting their mental health.
- The fear of unprofitability can lead to risk-averse behavior in entrepreneurs, making them hesitant to invest.
Case Studies
- Many tech startups initially operate unprofitably as they prioritize building a user base over immediate profits.
- Famous companies like Amazon reported many years of unprofitability before turning into highly lucrative businesses.
Translations
Translations of the word "unprofitable" in other languages:
๐ต๐น nรฃo lucrativo
๐ฎ๐ณ เค เคฒเคพเคญเคเคพเคฐเฅ
๐ฉ๐ช unrentabel
๐ฎ๐ฉ tidak menguntungkan
๐บ๐ฆ ะทะฑะธัะบะพะฒะธะน
๐ต๐ฑ nieopลacalny
๐ฏ๐ต ้ๅฉ็็ใช
๐ซ๐ท non rentable
๐ช๐ธ no rentable
๐น๐ท kรขrsฤฑz
๐ฐ๐ท ๋น์์ต์
๐ธ๐ฆ ุบูุฑ ู ุฑุจุญ
๐จ๐ฟ nerentabilnรญ
๐ธ๐ฐ nerentabilnรฝ
๐จ๐ณ ๆ ๅฉๆถฆ็
๐ธ๐ฎ nerentabilen
๐ฎ๐ธ รณhagkvรฆmur
๐ฐ๐ฟ ัะธัะผััะท
๐ฌ๐ช แแ แแแแแแแแแแแ
๐ฆ๐ฟ qeyri-mษnfษษt
๐ฒ๐ฝ no rentable