WAS PROFITABLE Meaning and
Definition
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"Was profitable" is a phrase used to describe a business, venture, or investment that has generated a financial gain or positive return. It indicates that a particular activity, endeavor, or project has successfully produced profits or yielded a surplus of income beyond the initial investment or cost.
When something "was profitable," it entails that the revenue or gains obtained from the activity, product, or investment exceeded the expenses, costs, or initial capital involved. This term characterizes the outcome of a venture or business as financially advantageous, indicating that it contributed positively to the monetary resources or wealth of those involved.
The profitability of a business or investment can be assessed by analyzing various financial metrics such as revenue, net income, gross profit margin, return on investment (ROI), or other indicators. When a business "was profitable," it typically suggests efficiency, effective management, or a successful market positioning that allowed the enterprise to generate more income than it consumed in expenses.
Considering the significance of profitability in business and investment decisions, analyzing whether something "was profitable" helps individuals assess the success and viability of a venture, guide resource allocation, and make informed decisions about future activities or investments. Additionally, organizations often strive to maintain profitability in order to sustain operations, expand, or attain long-term financial sustainability.
Common Misspellings for WAS PROFITABLE
Etymology of WAS PROFITABLE
The phrase "was profitable" is not a standalone word with specific etymology, as it consists of the verb "was" and the adjective "profitable".
The verb "was" is the past tense form of the verb "be", which can be traced back to Old English "wæs", Middle English "was", and ultimately to the Proto-Germanic language. Further back, it has its roots in the Proto-Indo-European base *es-, meaning "to be".
The adjective "profitable" comes from the Latin word "profitabilis", which is derived from the verb "prodesse", meaning "to be beneficial". The Latin term gave rise to the Old French "profitable", which later entered Middle English as "profitable".
So, the etymologies of "was" and "profitable" are separate, originating from different linguistic backgrounds.
