Meaning of the word moneymaker in English

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

moneymaker

US /ˈmʌn.iˌmeɪ.kɚ/
UK /ˈmʌn.iˌmeɪ.kər/

Noun

a person or thing that produces a lot of money

Example:
That new product is a real moneymaker for the company.
Her latest novel turned out to be a huge moneymaker.