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Definition.com

A Colony (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠made a colony not by its abundance of fertile land but by the fact that the land is not yet owned.

Definition.com

Colony (n.) yield ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠higher profit for a simple reason: development is lower there, and so exploitation — through slaves and coolies — runs higher.

Definition.com

The Colony (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠where life stays put; the free individual is its messenger, a detachable bud that carries the colony's information across space to begin another.