Industry


Industry
The category describing a company's primary business activity. This category is usually determined by the largest portion of revenue. The New York Times Financial Glossary

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industry in‧dus‧try [ˈɪndəstri] noun industries PLURALFORM
1. [uncountable] MANUFACTURING the production of raw material S (= basic materials used in manufacturing) and of goods:

• Growth in productivity has dropped, and the competitiveness of industry has declined.

2. [uncountable] the people and organizations that work in industry:

• an agreement that will be welcomed by both sides of industry (= employers and workers ) .

3. [countable] MANUFACTURING COMMERCE ECONOMICS business that produce a particular type of thing or provide a particular service:

• He joined ICI after working in the retailing and banking industries.

• the aircraft industry

• the oil industry

ˈbasic ˌindustry [countable] COMMERCE
an industry that many other industries in an economy depend on:

• companies in basic industries, such as chemicals, oil, or steel

ˌcapital-ˈintensive ˌindustry [countable] COMMERCE ECONOMICS
an industry which needs a lot of money for equipment, machinery etc:

• large, capital-intensive industries such as steel and mining

ˈcottage ˌindustry COMMERCE
1. [countable] an industry consisting of people who work from home, making things such as toys or clothes
2. [countable] informal an industry consisting of small businesses operating from home:

• There is a huge cottage industry of proprietors running nursing homes for elderly people.

deˈclining ˌindustry [countable] COMMERCE
an industry that is gradually getting smaller and less important:

• labour lay-offs in declining industries such as textiles and coal

esˌsential ˈindustry [countable] ECONOMICS
an industry that a country considers is very important to its economy and may support with government money, taxes on imports etc:

• The continent's biggest, most essential industries - electronics and cars - need tariff protection and aid money.

exˈtractive ˌindustry [countable] COMMERCE
an industry where materials, such as oil and coal, are obtained from under the ground in Drilling, Mining, and Quarrying
ˈgrowth ˌindustry [countable] COMMERCE
an industry that is growing fast:

• They moved away from steel to tourism, which is a growth industry.

ˌheavy ˈindustry [countable, uncountable] MANUFACTURING COMMERCE
an industry involving heavy machinery, large factories etc, or these industries considered as a whole:

• heavy industry, including coal mining, mechanical engineering and ship building

ˈheritage ˌindustry [uncountable] COMMERCE
the business activity of managing places that are related to a country's past and bringing tourists to them:

• The heritage industry brings large numbers of foreign tourists to old country houses and historic towns.

ˈhigh-tech ˌindustry also hi-tech industry [countable] COMMERCE
an industry using or involving advanced methods and the most modern equipment:

• such important high-tech industries as chemicals, drugs and aircraft

ˈinfant ˌindustry [countable] COMMERCE
an industry in its early stages of development in a particular country:

• The insurance industry here is an infant industry, and we should try to protect it.

ˈknowledge ˌindustry [countable] COMMERCE
an industry where success depends on obtaining, managing, and using knowledge in a particular area:

• knowledge industries such as computer software

ˌlabour-ˈintensive ˌindustry , labor-intensive industry [countable] COMMERCE MANUFACTURING
an industry needing a lot of people to operate, usually manual worker S:

• Many manufacturers in labor-intensive industries in Taiwan have moved operations to China.

ˈleisure ˌindustry [countable, uncountable] COMMERCE TRAVEL
an industry that provides goods or services for activities that people do for entertainment and enjoyment:

• The leisure industry soaks up approximately 12% of the average American's income.

ˈlight ˌindustry [countable, uncountable] COMMERCE MANUFACTURING
an industry needing only light machinery, small factories etc, for example electronics, or these industries considered as a whole:

• Light industries grew at 12.1% last year, fuelled by rising demand for televisions and washing machines.

ˈlow-tech ˌindustry [countable] COMMERCE
an industry not using very advanced methods or very advanced equipment:

• The mining industry has gone from being a low-tech industry to a high-tech industry, and that means more production with fewer people.

manuˈfacturing ˌindustry [countable, uncountable] MANUFACTURING ECONOMICS
an industry that makes goods, rather than providing services, or these industries considered as a whole:

• Manufacturing industries, particularly aerospace firms, are reasonably healthy.

• Orders to Germany's manufacturing industry have been declining and industrial output has fallen.

maˈture ˌindustry [countable] COMMERCE
an industry which is not new and has little growth or no growth, and little chance of further growth in the future:

• Insurance broking is a mature industry, where revenue growth is slow.

ˈprimary ˌindustry [countable, uncountable] ECONOMICS
an industry involved in the production of raw material S, fuel etc, or these industries considered as a whole:

• primary industries like mining, quarrying and oil and gas production

ˈregulated ˌindustry [countable] COMMERCE
an industry that is closely controlled by the government:

• regulated industries such as trucking and airlines

ˈsecondary ˌindustry [countable, uncountable] ECONOMICS
an industry that makes goods, rather than producing raw material S (= basic materials used to make goods) or providing services, or these industries considered as a whole:

• They wanted to develop a series of secondary industries: sawmilling, building, textiles and cider-making.

ˈservice ˌindustry [countable, uncountable] COMMERCE
a type of business such as banking or tourism that provides services, or these activities considered as a whole:

• A large part of the workforce switched from manufacturing to service industries in the 1980s.

• Most of the recently created jobs have been in the service industry and the retail sector.

ˈsmokestack ˌindustry [countable] MANUFACTURING
a heavy industry, often in an old industrial area:

• China's steel mills, auto plants and other smokestack industries are gathered in the industrial belt.

straˈtegic ˌindustry [countable] ECONOMICS
an industry that a country considers very important for its economic development:

• No one in France wanted to see such a strategic industry as nuclear power pass out of the public sector.

ˈsunrise ˌindustry [countable] COMMERCE
an industry involved in new technology:

• sunrise industries including biotechnology, computer technology and robotics

ˈsunset ˌindustry [countable] COMMERCE
an industry involved in an old technology, often in an old industrial area, and often one which is getting smaller:

• The EU has often been engaged in protecting sunset industries such as the steel industry.

ˈtertiary ˌindustry [countable, uncountable] COMMERCE
an industry providing services, rather than one producing raw materials or goods, or these industries considered as a whole:

• Tertiary industry already accounts for half of Shanghai's output, and its mayor wants to further develop financial services and tourism.

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industry UK US /ˈɪndəstri/ noun (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 industry

in 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/observer

industry figures/data/average »

The auto maker spends $581 more on distribution per car than the industry average.

See also AGRO-INDUSTRY(Cf. ↑agro-industry), BASIC INDUSTRY(Cf. ↑basic industry), CAPTAIN OF INDUSTRY(Cf. ↑captain of industry), COTTAGE INDUSTRY(Cf. ↑cottage industry), THE DEPARTMENT OF TRADE AND INDUSTRY(Cf. ↑the Department of Trade and Industry), ESSENTIAL INDUSTRY(Cf. ↑essential industry), EXTRACTIVE INDUSTRY(Cf. ↑extractive industry), GROWTH INDUSTRY(Cf. ↑growth industry), HEAVY INDUSTRY(Cf. ↑heavy industry), HERITAGE INDUSTRY(Cf. ↑heritage industry), INFANT INDUSTRY(Cf. ↑infant industry), KNOWLEDGE INDUSTRY(Cf. ↑knowledge industry), LIGHT INDUSTRY(Cf. ↑light industry), MANUFACTURING INDUSTRY(Cf. ↑manufacturing industry), MATURE INDUSTRY(Cf. ↑mature industry), PRIMARY INDUSTRY(Cf. ↑primary industry), REGULATED INDUSTRY(Cf. ↑regulated industry), SECONDARY INDUSTRY(Cf. ↑secondary industry), SERVICE INDUSTRY(Cf. ↑service industry), SMOKESTACK INDUSTRY(Cf. ↑smokestack industry), STRATEGIC INDUSTRY(Cf. ↑strategic industry), SUNRISE INDUSTRY(Cf. ↑sunrise industry), SUNSET INDUSTRY(Cf. ↑sunset industry), TERTIARY INDUSTRY(Cf. ↑tertiary industry)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Industry — Industry, CA U.S. city in California Population (2000): 777 Housing Units (2000): 124 Land area (2000): 11.715453 sq. miles (30.342882 sq. km) Water area (2000): 0.177850 sq. miles (0.460630 sq. km) Total area (2000): 11.893303 sq. miles… …   StarDict's U.S. Gazetteer Places

  • Industry — ist der Name mehrerer Orte in den Vereinigten Staaten: Industry (Illinois) Industry (Iowa) Industry (Kalifornien) Industry (Maine) Industry (New York) Industry (Pennsylvania) Industry (Texas) Industry ist der Name mehrerer Musikgruppen: Industry… …   Deutsch Wikipedia

  • Industry — In dus*try, n.; pl. {Industries}. [L. industria, cf. industrius diligent; of uncertain origin: cf. F. industrie.] [1913 Webster] 1. Habitual diligence in any employment or pursuit, either bodily or mental; steady attention to business; assiduity; …   The Collaborative International Dictionary of English

  • industry — [in′dəs trē] n. pl. industries [LME < MFr industrie < L industria < industrius, active, industrious < * indo struus < OL endo (> L in) + struere, to pile up, arrange: see STREW] 1. Obs. a) skill or cleverness b) the application… …   English World dictionary

  • Industry —    Industry became an important, diverse, and fast growing sector of the Israeli economy that contributed about one third of the gross national product by the late 1970s and also became a major source of employment and of commodity exports. The… …   Historical Dictionary of Israel

  • industry — I (activity) noun adsiduitas, alacrity, application, ardor, assiduity, assiduousness, attention, bustle, busyness, constancy, determination, devotedness, devotion, diligence, diligentia, drive, dynamism, eagerness, earnestness, effort, employment …   Law dictionary

  • Industry, CA — U.S. city in California Population (2000): 777 Housing Units (2000): 124 Land area (2000): 11.715453 sq. miles (30.342882 sq. km) Water area (2000): 0.177850 sq. miles (0.460630 sq. km) Total area (2000): 11.893303 sq. miles (30.803512 sq. km)… …   StarDict's U.S. Gazetteer Places

  • Industry, IL — U.S. village in Illinois Population (2000): 540 Housing Units (2000): 223 Land area (2000): 0.471115 sq. miles (1.220181 sq. km) Water area (2000): 0.000668 sq. miles (0.001731 sq. km) Total area (2000): 0.471783 sq. miles (1.221912 sq. km) FIPS… …   StarDict's U.S. Gazetteer Places

  • Industry, PA — U.S. borough in Pennsylvania Population (2000): 1921 Housing Units (2000): 816 Land area (2000): 9.841635 sq. miles (25.489716 sq. km) Water area (2000): 0.720393 sq. miles (1.865808 sq. km) Total area (2000): 10.562028 sq. miles (27.355524 sq.… …   StarDict's U.S. Gazetteer Places

  • Industry, TX — U.S. city in Texas Population (2000): 304 Housing Units (2000): 142 Land area (2000): 1.044782 sq. miles (2.705973 sq. km) Water area (2000): 0.021992 sq. miles (0.056960 sq. km) Total area (2000): 1.066774 sq. miles (2.762933 sq. km) FIPS code:… …   StarDict's U.S. Gazetteer Places

  • industry — [n1] manufacturing big business*, business, commerce, commercial enterprise, corporation, management, manufactory, megacorp*, mob, monopoly, multinational, outfit*, production, trade, traffic; concepts 323,325 industry [n2] hard work activity,… …   New thesaurus