Meaning & use

bonanza

noun·Everyday

Last updated

a situation that suddenly creates a great increase in wealth, luck, or good fortune

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The discovery of oil on the land turned out to be a financial bonanza for the family.

This year's harvest was a real bonanza after last year's drought.

A note on using this word

Bonanza comes from Spanish for 'fair weather' or 'prosperity' and entered English through 19th-century American mining slang for a rich vein of ore.

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