incumbent noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “incumbent”

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incumbent

noun [C]
 
 
/ɪnˈkʌmbənt/ formal
a person or business that holds a particular position in a company, market, industry, etc. at the present time: The incumbent has been awarded the airline's new advertising contract, despite stiff competition from other agencies.
POLITICS the person who holds a particular elected position at the present time: Three new mayoral candidates intend to challenge the incumbent.
Translations of “incumbent”
in Chinese (Traditional) 現任者,在職者…
in Russian лицо, занимающее должность…
in Turkish makam sahibi, görevli, memur…
in Chinese (Simplified) 现任者,在职者…
in Polish osoba sprawująca urząd…
(Definition of incumbent noun from the Cambridge Business English Dictionary © Cambridge University Press)
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