Definition of «prospect»

Usage examples

1. Prospecting for new clients: This involves searching for potential customers or clients who may be interested in your product or service. For example, a sales representative may prospect by attending networking events or researching target industries online.
2. Sales prospect: A prospect can refer to an individual or company that has been identified as a potential customer. Sales teams often create a list of prospects to pursue and convert into paying clients.
3. Investment prospects: In the financial world, the term prospect is used to refer to potential investments. For instance, an investment analyst may analyze different prospects to evaluate their potential returns and risks.
4. Job prospect: When searching for employment, individuals often refer to job opportunities as prospects. For instance, someone saying "I have three job prospects this week" means that they have three potential job interviews or opportunities to explore.
5. Real estate prospects: In the property market, prospects can refer to potential buyers or tenants for a particular property. Real estate agents often have a list of prospects looking for specific types of properties in certain areas.
6. Growth prospects: Businesses or industries may refer to the potential for growth as growth prospects. For example, a company presenting its growth prospects may outline the market trends, potential customer base, and projected revenue increase.
7. College prospects: High school students or their families use the term prospects when discussing potential colleges or universities they are considering applying to. For instance, someone may say "Harvard and Stanford are my top prospects for college."
8. Mining prospects: The word prospect is commonly used in the mining industry to refer to areas or sites where the presence of valuable minerals is suspected. Geologists conduct surveys and explorations to identify the most promising mining prospects.