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industry meaning

EN
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WIndustry
  • Industry is the production of a goods or services within an economy. The major source of revenue of a group or company is the indicator of its relevant industry.
  • Following the Industrial Revolution, perhaps a third of the world's economic output is derived from manufacturing industries. Many developed countries and many developing/semi-developed countries (People's Republic of China, India etc.
  • ^ Industry
  • Define Industry at Dictionary.com
  • ^ "'Definition of Industry' Investopedia".
industry
industry

    Definition of industry in English Dictionary

  • NounPLindustries
    1. NU The tendency to work persistently.
      1. England's win was built on industry and discipline, epitomised by the performances of Manchester City's Joleon Lescott in defence and Scott Parker in midfield.
    2. NC (business, economics) Businesses of the same type, considered as a whole.
      1. NU (economics) Businesses that produce goods as opposed to services.
        1. But through the oligopoly, charcoal fuel proliferated throughout London's trades and industries.  By the 1200s, brewers and bakers, tilemakers, glassblowers, pottery producers, and a range of other craftsmen all became hour-to-hour consumers of charcoal.
      2. (in the singular, economics) The sector of the economy consisting of large-scale enterprises.
        1. [Rural solar plant] schemes are of little help to industry or other heavy users of electricity. Nor is solar power yet as cheap as the grid. For all that, the rapid arrival of electric light to Indian villages is long overdue. When the national grid suffers its next huge outage, as it did in July 2012 when hundreds of millions were left in the dark, look for specks of light in the villages.
      3. (European software patents) Automated production of material goods.
        1. It is a classical and restricted view both of industry (it excludes service sectors, now 70% of the GDP of developed economies) [ …]
    3. More Examples
      1. Used in the Middle of Sentence
        • Maple sugaring is an important historical industry in Vermont.
        • [ … ] a plan to create a Brussels superagency that could intervene in domestic markets lacks natural consumer appeal and faces formidable industry opposition.
        • “The dating industry has come a long way since its inception, but the category remains underpenetrated.”
      2. Used in the Ending of Sentence
        • This company is probably the most well-established in the industry.
        • Those old machines are not very glamorous, but even 20 years after their introduction, they are still the workhorses of the industry.
        • Acme's new technology will raise the bar for the entire industry.
    • Part-of-Speech Hierarchy
      1. Nouns
        • Countable nouns
          • Singularia tantum
            • Uncountable nouns
        Related Links:
        1. en industrywide
        2. en industrywise
        3. en industry discount
        Source: Wiktionary
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        Meaning of industry for the defined word.

        Grammatically, this word "industry" is a noun, more specifically, a countable noun and a singularia tantum.
        Difficultness: Level 1
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        Easy     ➨     Difficult
        Definiteness: Level 9
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        Definite    ➨     Versatile