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

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condition

noun
 
 
/kənˈdɪʃən/
[S or U] the particular state that something is in: condition of sth The condition of the property will help determine its price. The goods are warranted to be in perfect condition on leaving the factory.
conditions [plural] the situation that someone lives or works in, or that someone or something is affected by: The unions are trying hard to improve pay and conditions for their members.business/economic/market conditions The timing of the merger depended on market conditions.difficult/favourable conditions This year has seen some very difficult trading conditions.in/under good, poor, etc. conditions Many of the goods are produced by child workers working in appalling conditions. working/living conditions
[C, usually plural] something that you must agree to, that forms part of an official agreement: I hereby agree to the terms and conditions of my engagement as stated above.attach/impose/set conditions We're not in a position to set any conditions - we'll have to accept what they offer.agree to/comply with/meet conditions They felt that they had complied with all the conditions of the agreement. Licensing conditions for mobile network operators must ensure the respect of competition rules. Ms Russ told the hearing she was unhappy that the job had not been completed by July 31, which it was claimed was a condition of the contract.as a condition for/of sth As a condition of yesterday's approval, the EU Competition Commissioner insisted the state aid must not be used to subsidize other commercial activities.
[C] an arrangement that must exist before something else can happen: condition for sth A strong local business base is a necessary condition for the economic future of the area.
on condition that depending on something else happening or being done: Agreement was reached to repay part of the debt, on condition that the remaining debt be cancelled.
→  See also express condition , implied condition
(Definition of condition from the Cambridge Business English Dictionary © Cambridge University Press)
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