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Meaning of “barrier to entry” in the English Dictionary

"barrier to entry" in Business English

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barrier to entrynoun [C]

uk   us   (plural barriers to entry) (also entry barrier)
COMMERCE, ECONOMICS something, such as official rules or high costs, that makes it difficult for a person or company to get into a particular type of business: Capital costs are seen as the key barrier to entry. Lack of health insurance is a significant barrier to entry for the next generation of commercial fishermen.
(Definition of barrier to entry from the Cambridge Business English Dictionary © Cambridge University Press)
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