Legal Definitions - lucrative

Lucrative describes something that yields a significant gain, benefit, or profit, often with minimal associated cost, effort, or obligation. It implies a highly favorable outcome where the advantages substantially outweigh any burdens or expenses involved.

• Scenario: A startup company develops a new mobile application that quickly becomes popular, generating millions in subscription fees and advertising revenue with relatively low ongoing operational costs.

  Explanation: This venture is lucrative because the application brings in a very large financial return (significant profit) compared to the resources and effort required to maintain it, demonstrating a highly profitable outcome for the company.

• Scenario: An individual inherits a fully paid-off commercial property from a deceased relative. The inheritance comes with no outstanding debts, liens, or specific conditions attached, allowing the new owner to immediately begin collecting substantial rental income without any initial financial outlay.

  Explanation: This inheritance is lucrative because the recipient acquired a valuable asset (the commercial property) without having to pay for it (no consideration) or assume any significant financial burdens or obligations. The immediate and unencumbered rental income further highlights its profitable nature from the moment of acquisition.