standard noun Meaning in Cambridge Business English Dictionary
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Meaning of "standard" - Business English Dictionary

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standard

noun
 
 
/ˈstændəd/
[C or U] a level of quality that people expect and generally accept as normal: basic/high/low standard Their Customer Services is generally of a very high standard. Online form-completion is fast becoming the standard.achieve/meet/set a standard Banks in Hong Kong and China are setting the standard for customer service in call centres. Customers have witnessed the standard of services decline while the profitability of the banks has escalated.by sb's/sth's standards At $80,000, the house is a bargain by American standards. The new probe is modest by modern space technology standards.below/up to standard The electrical equipment was not up to standard. falling/rising standards improve/lower/raise standards
[C] ( written abbreviation std.) MEASURES an official rule, unit of measurement, or way of operating that is used in a particular area of manufacturing or services: a common/a global/an international standard MP3 is a recognized global standard for audio encoding and compression. an accountancy/industry/legal standard Several states were given notice that they do not meet the standard for ozone levels. safety standards a federal/government/national standard enforce/tighten standards →  See also accounting standard , CAT standard , the gold standard , International Accounting Standards , International Financial Reporting Standard , international labour standards , monetary standard , open standard , Trading Standards
(Definition of standard noun from the Cambridge Business English Dictionary © Cambridge University Press)
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