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English definition of “R and D”

R and D

noun [U] (also R & D)    
PRODUCTION abbreviation for research and development: the part of an organization that works to improve its products and develop new ones, or the activity of doing this: The mobile communications group realizes it needs to invest more in R & D to keep up with the market leaders. His department is R and D.
(Definition of R and D noun from the Cambridge Business English Dictionary © Cambridge University Press)
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