Entity: PROFITABLE
Profitable refers to something that yields profit, remunerative, or affording advantageous returns or results. It can also mean making money or being beneficial in various ways.
PROFITABLE
Etymology
The word 'profitable' originates from the Latin word 'profitabilis,' which means 'yielding profit.'
Definition
Profitable refers to something that is capable of generating profit, advantageous returns, or beneficial outcomes. It signifies making money or being beneficial in various ways.
Historical Context
Throughout history, the concept of profitability has been central to economic activities and business ventures. The pursuit of profitability has driven innovation, competition, and growth in various industries.
Cultural Significance
In modern society, being profitable is often associated with success and sustainability. Individuals, businesses, and organizations strive to be profitable to ensure financial stability and growth.
Related Concepts
- Financial Gain: Similar to profitability, financial gain focuses on the monetary benefits derived from an activity or investment.
- Sustainability: Profitability is often linked to sustainability, as long-term profitability requires responsible and sustainable practices.
See Also
A term used to describe something that is capable of generating profit, advantageous returns, or beneficial outcomes.