business development

English

Noun

business development (countable and uncountable, plural business developments)

  1. The creation of long-term value for an organization from customers, markets, and relationships.
    Synonyms: BizDev, BD
    • 2004, Eric M. Jackson, The PayPal Wars: Battles with EBay, the Media, the Mafia, and the Rest of Planet Earth, World Ahead Publishing, →ISBN, page 215:
      With little internal fanfare, Peter reorganized a portion of the business development team to begin targeting the gaming space exclusively.

Further reading
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