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English definition of “standing”


noun [U]     /ˈstændɪŋ/
the reputation or position that someone or something has in an area of activity or an organization : Because they are a public limited company , their financial standing is public knowledge . improve / increase sb's standing
the time for which something has existed : of a year's, etc. standing The society also offers a Members ' Loyalty Bond for investors of two years ' standing.
in good standing a person or an organization in good standing has followed all the necessary official processes and paid the necessary charges : The bonds were backed by prime bank securities, issued by an acceptable institution in good standing.
→ See also credit standing
(Definition of standing noun from the Cambridge Business English Dictionary © Cambridge University Press)
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