IPA: /bəˈnæn.zə/
KK: /bənˈæn zə/
A situation or event that produces a large amount of something valuable or profitable.
The new technology created a bonanza for the company, leading to record profits.
Bonanza originates from the Spanish word 'bonanza', meaning a fair weather or calm sea, which is derived from 'bon' (meaning good) and 'anza' (a suffix indicating a state or condition). The term evolved to refer to a situation that is beneficial or profitable, particularly in contexts like mining or business.
Think of 'bonanza' as a state of 'good' ('bon') fortune or success, which helps you remember that it refers to a profitable situation.
No commonly confused words.