Profitability
- Pronunciation
- /PROFIT-uh-bil-i-tee/
- Category
- Economics
Definition
The ability of a business or activity to generate profit. In entomology and arachnology, profitability refers to the economic benefits gained from pest control methods.
Etymology
From Latin 'profitus', meaning 'gain' or 'advantage'.
Example
The high profitability of integrated pest management compared to pesticide use is a major factor in its adoption.
Related Terms
- Pest control
- Economic benefits
- Yield