Meaning of “greenfield” in the English Dictionary

(Definition of “greenfield” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"greenfield" in Business English

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greenfieldnoun [ U ]

uk /ˈɡriːnfiːld/ us

ENVIRONMENT, PROPERTY land in the countryside or around cities that has never had buildings on it before:

We will build on urban brownfield first and only then on greenfield.

greenfieldadjective [ before noun ]

uk /ˈɡriːnfiːld/ us

ENVIRONMENT, PROPERTY used to describe an area of land that has never had buildings on it before, or buildings that have been put on this land for the first time:

There was strong opposition in the area to construction on greenfield land.
greenfield building/development

used to describe a company or an area of business that is completely new:

They enter foreign markets through joint ventures or greenfield start-ups, rather than acquisitions.

(Definition of “greenfield” from the Cambridge Business English Dictionary © Cambridge University Press)