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What is a cash cow?

What is a cash cow? Here are some definitions.

Noun
  1. (idiomatic, business) A product, service, or enterprise that generates ongoing, high net free cash flows.
  2. (idiomatic, by extension) Someone or something which is a dependable source of appreciable amounts of money; a moneymaker.
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Examples
Today, the merged mail division is a cash cow and the basis of the company's financial clout.
With new competitors nibbling at local business, the old cash cow is starting to dry up.
This is bad news for the magazine, which, despite its lock on the market and air of wealth and ease, is hardly a cash cow.
Much longer than normal and served with foodstuff that add flavour, the roll is the cash cow of the business.
An evening news broadcast when properly managed is a cash cow for its news division.
They won't want to see their favourite cash cow put out to pasture quite yet.

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