industry
Definition
A basic category of business activity. The term industry is sometimes used to describe a very precise business activity (e.g. semiconductors) or a more generic business activity (e.g. consumer durables). If a company participates in multiple business activities, it is usually considered to be in the industry in which most of its revenues are derived.
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Related Terms
industrial, top-down, cottage industry, cyclical industry, heavy industry, smokestack industry, sunrise industry, sunset industry, sector, Securities Industry Association
'industry
' appears in the definitions of these terms on BusinessDictionary.com labor intensive, risk policy, capital intensive, fragmented industry, data encryption standard (DES), and
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