Definition, Meaning & Synonyms
commercial-opportunity
Noun
/kəˈmɜːrʃəl ˌɒpərˈtjunɪti/
Definition
A situation or chance that provides the potential for profit or business growth.
Examples
- Starting a food truck could be a great commercial opportunity for aspiring chefs.
- The expansion into e-commerce presents a significant commercial opportunity for retailers.
- Investors are always on the lookout for commercial opportunities in emerging markets.
Meaning
It refers to scenarios where businesses can engage in profitable activities, such as launching new products or entering new markets.
Synonyms
- Business prospect
- Market opportunity
- Trade possibility
