Definition: a source of a lot of cash; a big profit-maker
That is one of our best products. It is a cash cow. If we killed it, this company would lose a lot of money.
That industry is very unpopular, and people want the government to regulate it more. But the government will never touch it, since the industry is a cash cow. It pays a lot of taxes.
About Matt Krause
Matt began his professional life as an import buyer, and since 2006 has been teaching companies how to connect with their investors and clients better. His clients work in Istanbul, London, and Madrid for companies like Allianz, 3M, P&G, Citibank, and Reckitt Benckiser. He also walked across Turkey and wrote a book about it.