Non-earning
The adjective 'non-earning' describes an individual, entity, or period that is not generating income or profit. This can be due to a variety of factors, including unemployment, business inactivity, investment losses, or a lack of revenue streams. The term highlights a state of financial standstill where resources are not being replenished through earnings. This can affect an individual's financial stability, a company's operational capacity, or a country's economic health, making 'non-earning' a significant concept in economics and personal finance. Situations often involve expenditures exceeding any inflow of revenue, leading to a drain on existing capital or assets. The implications vary greatly based on the scope and duration of the non-earning status.
Non-earning meaning with examples
- During the economic recession, many small businesses became non-earning, struggling to attract customers and cover their operating costs. This led to layoffs and a decline in the local economy. Survival was the most important focus, reducing costs and planning.
- The recent college graduate was non-earning for several months while searching for a suitable job in their field. They relied on savings and support from family to cover basic living expenses and continue the job search and build experience.
- After the major project cancellation, the development team was in a non-earning phase for several weeks, due to lack of contracts. The company explored additional training to utilize the team's skills to generate future business income and recover.
- A retired person living solely on savings and pension funds is considered non-earning in terms of active employment. They still need to generate income through investments to secure their future financial well-being, adjusting portfolios.
- The research grant provided funding for the non-earning phase of the project, allowing scientists to focus on analysis and data gathering without pressure to generate immediate revenue. The work created could lead to future income.
