胜利 (shèng lì) means 'victory' — the successful outcome of a struggle, competition, or effort. It is a compound noun formed by two characters: 胜 (shèng), meaning 'to win' or 'to overcome', and 利 (lì), meaning 'advantage' or 'benefit'. Together, they convey the idea of achieving decisive, favorable success — not just winning, but winning with clarity and impact. The word carries positive emotional weight and often implies effort, perseverance, or triumph over difficulty.

胜利 is commonly used in contexts like sports, military history, politics, personal achievement, and social movements. It appears in formal speeches, news headlines, slogans, and everyday encouragement (e.g., '祝你胜利！'). While it can describe small personal wins, it more frequently refers to significant, collective, or hard-earned successes — unlike the more casual 赢 (yíng), which simply means 'to win' in games or bets.