composition - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “composition”

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composition

noun
 
 
/ˌkɒmpəˈzɪʃən/
[U] the way in which the parts of something are arranged: the composition of sth The company said it plans to change the composition of its board of directors, creating a board composed predominantly of independent directors.
[U] PRODUCTION a manufactured material made of more than one substance: Composition tiles have replaced asbestos tiles in public buildings.
[C, usually singular] LAW an agreement in which someone who owes money pays less than is owed, in order to settle the debt more quickly: make a composition with sb If a person has at any time been made bankrupt or has made a composition with creditors, he is disqualified from being appointed as a trustee of the charity.
(Definition of composition from the Cambridge Business English Dictionary © Cambridge University Press)
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