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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.
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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: a greenfield business/company/start-up 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)
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“greenfield” in Business English

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