beautiful thing, beautyUsed as a noun for something beautiful; capitalized. In expressions such as “das Schöne,” it means “the beautiful thing” or “the beauty of it.”
GE: Das Schöne an dem Tag war das Wetter.
EN: The best thing about the day was the weather.
beautiful womanCan also be used as a noun for a beautiful woman.
GE: Die Schöne wartet vor dem Kino.
EN: The beautiful woman is waiting outside the cinema.