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neighbourhood

UK (US neighborhood)
 
 
/ˈneɪbəhʊd/ noun [C]

Definition

an area of a town, or the people who live or work in this area: The company aims to set up a nursery school in every neighbourhood. The $150 million bond issue will eventually yield grants aimed at revitalizing commercial corridors in the city's neighborhoods. low-/middle-/upper-income neighbourhoods
in the neighbourhood of sth in the area near a particular place: The houses, built for University professors are located in the neighborhood of St. Anthony Park. approximately: It retails for in the neighborhood of $499.
(Definition of neighbourhood noun from the Cambridge Business English Dictionary © Cambridge University Press)
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