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English definition of “phase”

phase

noun [C]     /feɪz/
a stage in a series of events or in a process of development : the early/final/late phase The inflation rate is high, even for the early phase of an economic expansion . The project is only in the initial phase, but it's looking quite promising . We're entering a new phase in international relations .the design/development/manufacturing phase After two years of discussion , the project is still at the development phase.the growth/start-up phase The merger has helped with the growth phase of our strategy .
(Definition of phase noun from the Cambridge Business English Dictionary © Cambridge University Press)
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