Meaning of the word bonanza in English

What does bonanza mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

bonanza

US /bəˈnæn.zə/
UK /bəˈnæn.zə/

Noun

1.

a situation from which large profits are made:

Example:
The rise in house prices meant that those who were selling enjoyed a bonanza.
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