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English definition of “package”

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package

verb [T]
 
 
/ˈpækɪdʒ/
COMMERCE to wrap goods or put them into containers to be sold or sent somewhere: All orders received before 3pm are packaged and shipped the same day. Small items have to be individually packaged to ensure safe delivery to the customer.
COMMERCE to put different goods and services together to sell as a set: package sth with sth The album is packaged with an informative booklet.
informal MARKETING to describe or show someone or something in a way that aims to make them seem more attractive: The facts are neatly packaged by our PR team before they go out to the public.package yourself as sth They spent millions on packaging themselves as a responsible, caring company.package yourself for sth There are books that advise you on how to package yourself for a top job.
FINANCE, STOCK MARKET to buy loans from other financial organizations and sell them as bonds. Investors receive their profits from the regular payments made towards the original loans: Citibank took a major role in the business of packaging loan receivables and selling them as securities.
BANKING, FINANCE to help a business apply for a loan by using special market knowledge to provide the right information and to contact the lenders that are most likely to provide the money: Costs for their packaging service vary depending on the complexity of the loan being packaged.
(Definition of package verb from the Cambridge Business English Dictionary © Cambridge University Press)
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