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.

Use industry in a sentence

The stocks in the energy industry have been falling recently due to the drastic drop in crude oil prices.

​ Was this Helpful? YES  NO 2 out of 2 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Richmond Fed Manufacturing Index denationalization