›[U]growth or changes that make something become more advanced: The first year of the plan is primarily focused on organizational development.He was recruited to oversee international business development.
›[U] the process of creating something such as a new product or service: software developmentThe next stage in the development of this product line is a retail version.
›[U]the process of producing a plan, idea, etc.: Motorola said it did not expect its policy, which has been in development since June, to affect its bottom line.
›[C] a recent event which is the latest in a series of related events: Keeping up with new developments on the web is not easy.These beneficial economic developments have followed trade and investment liberalization.
›[U]ECONOMICSthe planned increase of a country’s industry and wealth: The EU has exercised leadership and argued for policies that support the expansion of trade, growth, and development.development projects
›[U]HRimprovement of a skill, ability, quality, etc.: An industry convention is a terrific venue for business skills training and professional development.They invested resources into employee training and development.individual/career/staff development
›[C](also UKhousing development, also USreal estate development)PROPERTYa group of similar buildings built in an area by a particular developer: They recently bought a house in one of the town's new developments.
›[U]PROPERTYthe building of houses, stores, offices, etc. usually by a company to make a profit, usually on an area of land where there were none before: The land will be used for private development.He began his career at Goldman Sachs and moved on to real-estate development in the New York City area.commercial/industrial development
›[C or U]NATURAL RESOURCESan area of land that is used for its natural resources, or the use of an area of land for its natural resources: Oil producers have focused their efforts on optimizing production from existing fields and investing more aggressively in new developments.