c : a department or branch of the craft, art, business, or manufacture Specially : one which employs a substantial personnel and funds specifically in manufacturing d : systematic labor especially for some useful function or perhaps the generation of some thing of price
This wide sector, also known as the company industry, contains industries that, even though producing no tangible goods, offer providers or intangible gains or deliver wealth. This sector typically features both non-public and federal government enterprises.
Particular person organizations are usually assigned to an industry dependent on their premier sources of earnings. By way of example, even though an car manufacturer might have a financing division that contributes ten% to your agency’s General revenues, the organization could well be categorized in the automaker industry by most classification systems rather then while in the monetary providers industry.
These examples are from corpora and from sources online. Any views within the examples don't represent the viewpoint in the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Knowledge an Industry Very similar enterprises are grouped into industries dependant on the key business functions or the principal solution that they deliver or promote. This results in industry teams, which often can then be used to individual businesses from those who participate in distinct things to do.
Increase to term listing Incorporate to word checklist B2 [ U ] the companies and actions involved with the process of making products available for purchase, particularly in a manufacturing unit or Unique region:
Investors and consultants said the dispute troubled them, In particular presented Murray’s status for the company and in the money industry All round.
Be on the lookout for the Britannica e-newsletter to get trustworthy tales sent ideal towards your inbox.
Specific Criteria Stocks Stocks inside the exact industry generally increase and slide as a group since the same macroeconomic variables are likely to effects all associates of the industry.
Licensee: Definition and Types A licensee is a business, entity, or particular person which includes legal permission to conduct pursuits working with something which A different get together owns or controls.
How Investors Use Industries Investors and economists usually review industries to raised realize the things and constraints click here of company earnings growth. Traders frequently Assess providers working in precisely the same industry To guage their relative attractiveness as an financial commitment.
industry figures/facts/common The vehicle maker spends $581 a lot more on distribution for each car as opposed to industry typical.
There are 8 meanings shown in OED's entry for that noun industry, two of that happen to be labelled out of date. See ‘That means & use’ for definitions, usage, and quotation proof.
captain of industry cottage industry development industry hefty industry inter-industry gentle industry multi-industry services industry sub-industry