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    #1

    Drag

    A definition of "drag" in a dictionary (oald8.oxfordlearnersdictionaries.com/dictionary/drag_2 ) is:

    "something or someone that makes progress difficult"

    So, "drag" would be used with a person, or entity, or activity. But in this new article:

    ( nytimes.com/1995/10/25/business/company-reports-melville-plans-to-split-into-3-companies.html )
    "The company also plans to sell Wilsons, a leather goods retailer that has been a drag on profits, and This End Up, a furniture chain."

    the phrase "a drag on profits" seems weird. How is progress is made difficult for "profits"? Profit is just an amount of money. The example pretty much means that the progress of an amount of money was made difficult. Could this be a mistake?

  1. MikeNewYork's Avatar
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    #2

    Re: Drag

    Quote Originally Posted by woolover View Post
    A definition of "drag" in a dictionary (oald8.oxfordlearnersdictionaries.com/dictionary/drag_2 ) is:

    "something or someone that makes progress difficult"

    So, "drag" would be used with a person, or entity, or activity. But in this new article:

    ( nytimes.com/1995/10/25/business/company-reports-melville-plans-to-split-into-3-companies.html )
    "The company also plans to sell Wilsons, a leather goods retailer that has been a drag on profits, and This End Up, a furniture chain."

    the phrase "a drag on profits" seems weird. How is progress is made difficult for "profits"? Profit is just an amount of money. The example pretty much means that the progress of an amount of money was made difficult. Could this be a mistake?
    A company that is a "drag" on profits is one that does not make enough profit to justify the investment of corporate resources. Those resources could be redeployed to areas that return greater profit.

  2. Chicken Sandwich's Avatar
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    #3

    Exclamation Re: Drag

    Same old, same old.

    Clone of banned user.

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