›[C or U]something that is being developed or suggested but that is not yet complete: The Senate Minority Leader described the team reorganization as "a work in progress". be (still)/remain a work in progressTougher regulations remain a work in progress and should be ready for consideration by the council in about two months.The expansion and definition of a brand is always, to a certain extent, work in progress.
›[U]ACCOUNTINGthe value of products that are only partly completed, or the value of these as shown in a company's accounts: Errors in the trading statement related to an overvaluation of work in progress.