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

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English definition of “generation”

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generation

noun
 
 
/ˌdʒenəˈreɪʃən/
[C] a group of people who are about the same age within a society or within a particular family: the new/next generation Family-owned private firms don't usually aim to sell off the business; they pass it on to the next generation. the older/younger generation
[U] NATURAL RESOURCES the production of energy in a particular form: electricity/power generationgeneration from sth Electricity generation from coalmine methane offers new employment opportunities as well as environmental gains.
[U] the process of producing something that will create a profit, income, jobs, etc.: Traditional rentals are in decline and must be managed to maximise cash generation.
(Definition of generation from the Cambridge Business English Dictionary © Cambridge University Press)
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