moneymaking
C2Pronunciation
UK
- /mˈʌnɪmˌeɪkɪŋ/
US
- /ˈməniˌmeɪkɪŋ/
Description
- bringing in money
- made to earn profit
- good for business
- focused on profit
- money-earning
"Moneymaking" is about doing something to earn a profit. It often describes an activity, plan, or business idea that is meant to bring in money. Think of a lemonade stand, a side job, or a small online shop. The word usually suggests active effort to earn money, not simply receiving a regular salary. You might hear about a "moneymaking idea" or a "moneymaking opportunity," especially when someone sees a practical way to turn time, skill, or effort into income.
"Moneymaking" refers to any activity, business, or scheme designed to generate profit. While the phrase "making money" describes the act of earning, "moneymaking" focuses on the nature of the enterprise. It's about the process of turning resources—such as time, skills, ideas, or capital—into financial gain.
The term often carries a connotation of resourcefulness and initiative. A skilled carpenter building custom furniture is engaged in moneymaking. So is an entrepreneur launching a new app. However, it can also be used to describe less conventional or even slightly dubious ventures. You might read about "moneymaking scams" or "get-rich-quick schemes," highlighting the potential for risk and deception.
"Moneymaking" isn't limited to large-scale businesses. A teenager mowing lawns, a baker selling cookies at a farmers' market, or someone flipping items online are all engaged in moneymaking activities. It is most frequently used as an adjective: "a moneymaking venture," "a moneymaking scheme," or "moneymaking opportunities."
The term suggests more than just earning a wage; it implies actively seeking and creating financial gain, whether through honest work, clever innovation, or—sometimes—less ethical means. So, if you hear about something being described as "moneymaking," think beyond the money itself—think about the effort, ingenuity, and potential risks involved in turning an idea into a profit.
Examples
- 1
Small business
She turned her baking hobby into a moneymaking business.
- 2
Questionable plan
The app looked helpful at first, but it was really just a moneymaking scheme.
Meaning
scheme
a plan, often with a slightly negative feeling
- 3
Local tourism
Summer festivals are a big moneymaking opportunity for local hotels and restaurants.
- 4
Critical judgment
Critics said the sequel was nothing but a moneymaking exercise.
Phrase
a moneymaking exercise
something done mainly to make money, not for a better purpose
Forms and spellings
1 form open this card.
Main spelling
- moneymakingnounadjective