| 1. | the aggregate of manufacturing or technically productive enterprises in a particular field, often named after its principal product: the automobile industry; the steel industry. |
| 2. | any general business activity; commercial enterprise: the Italian tourist industry. |
| 3. | trade or manufacture in general: the rise of industry in Africa. |
| 4. | the ownership and management of companies, factories, etc.: friction between labor and industry. |
| 5. | systematic work or labor. |
| 6. | energetic, devoted activity at any work or task; diligence: Her teacher praised her industry. |
| 7. | the aggregate of work, scholarship, and ancillary activity in a particular field, often named after its principal subject: the Mozart industry. |
| 8. | Archaeology. an assemblage of artifacts regarded as unmistakably the work of a single prehistoric group. |
in·dus·try (ĭn'də-strē) n. pl. in·dus·tries
[Middle English industrie, skill, from Old French, from Latin industria, diligence, from feminine of industrius, diligent; see ster-2 in Indo-European roots.] Word History: A clear indication of the way in which human effort has been harnessed as a force for the commercial production of goods and services is the change in meaning of the word industry. Coming from the Latin word industria, meaning "diligent activity directed to some purpose," and its descendant, Old French industrie, with the senses "activity," "ability," and "a trade or occupation," our word (first recorded in 1475) originally meant "skill," "a device," and "diligence" as well as "a trade." Over the course of the Industrial Revolution, as more and more human effort became involved in producing goods and services for sale, the last sense of industry as well as the slightly newer sense "systematic work or habitual employment" grew in importance, to a large extent taking over the word. We can even speak now of the Shakespeare industry, rather like the garment industry. |
Industry
A category used to describe a company's primary business activity, usually determined by the largest source of a company's revenues.
Investopedia Commentary
An industry can be classified very broadly (i.e. manufacturing) or specifically (i.e. fast-food restaurants).
Related Links
Industry Handbook
See also: Business, Industry Bet, Revenues, Sector