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English definition of “peer group”

peer group

noun [C]
 
 
a group of people who are similar in age, education, position, etc.: Brands are a way of identifying with a social or economic peer group.
a group of companies that offer similar products or services: Total returns on the company's shares slipped below the global peer group average.
(Definition of peer group from the Cambridge Business English Dictionary © Cambridge University Press)
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