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Industry

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Industry
The category describing a company's primary business activity. This category is usually determined by the largest portion of revenue.

Industry. An industry is a subdivision of a market sector and includes companies producing the same or similar goods and services. These companies often compete with each other for customers and investors.

For example, within the consumer staples sector, companies that manufacture household appliances, such as dishwashers and refrigerators, are part of the same industry.

The fundamentals of any single company in an industry can be measured against the industry as a whole, revealing where the company stands in relation to its peers.



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