industry Definition in Cambridge Business English Dictionary
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Definition of "industry" - Business English Dictionary

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industry

noun
 
 
/ˈɪndəstri/ ( plural industries) ECONOMICS, PRODUCTION
[U] the companies and activities involved in the production of goods: We hope the government listens to the concerns of industry and drops its plans to introduce another crippling tax on business. domestic/global/international industryin industry The largest firms only account for one in four jobs in industry.go/move into industry Another top accountant has moved into industry.
[C] the people and activities involved in one type of business that produces goods or offers services: the car/electronics/construction industry In the construction industry, as in other industries, mechanization has had a major impact. the advertising/banking/insurance industry the music/movie/entertainment industry Job gains in service industries such as health care and banking offset losses in such areas as construction. a global/growing/leading industry an industry consultant/expert/observerindustry figures/data/average The auto maker spends $581 more on distribution per car than the industry average.
→  See also agro-industry , basic industry , captain of industry , cottage industry , the Department of Trade and Industry , essential industry , extractive industry , growth industry , heavy industry , heritage industry , infant industry , knowledge industry , light industry , manufacturing industry , mature industry , primary industry , regulated industry , secondary industry , service industry , smokestack industry , strategic industry , sunrise industry , sunset industry , tertiary industry
(Definition of industry from the Cambridge Business English Dictionary © Cambridge University Press)
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