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
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