business development

noun

The creation of long-term value for an organization from customers, markets, and relationships.

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Meanings

nounbusiness development (countable and uncountable, plural business developments)

plural business developments

  1. countableuncountableThe creation of long-term value for an organization from customers, markets, and relationships.

    With little internal fanfare, Peter reorganized a portion of the business development team to begin targeting the gaming space exclusively.

    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

    Synonyms: BizDev, BD

Synonyms & antonyms

nounThe creation of long-term value for an organization from customers, markets, and relationships.

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Cite this entry
APA

business development. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/business%20development

MLA

“business development.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/business%20development. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “business development,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/business%20development.

Source: business development on Wiktionary, CC BY-SA 4.0.