service industry

service industry
An industry that does not produce any goods, but only provides a service such as a bank or insurance company.

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  • service industry — ➔ industry * * * service industry UK US noun [C] ECONOMICS ► all the businesses that provide services, or a particular group of these businesses: »It is the service industry that accounts for the most jobs in Utah. »Job gains in service… …   Financial and business terms

  • service industry — service industries N COUNT A service industry is an industry such as banking or insurance that provides a service but does not produce anything …   English dictionary

  • service industry — service .industry n [U and C] an industry that provides a service rather than a product, for example insurance or advertising …   Dictionary of contemporary English

  • service industry — service ,industry noun count an industry that provides services instead of producing goods, for example banks, hospitals, and hotels …   Usage of the words and phrases in modern English

  • service industry — ► NOUN ▪ a business that provides a service for a customer, but is not involved in manufacturing …   English terms dictionary

  • service industry — noun an industry that provides services rather than tangible objects • Hypernyms: ↑industry • Hyponyms: ↑management consulting * * * ˈservice industry 7 [service industry] noun …   Useful english dictionary

  • service industry — UK / US noun [countable] Word forms service industry : singular service industry plural service industries an industry that provides services instead of producing goods, for example banks, hospitals, and hotels …   English dictionary

  • service industry — Industry that provides services rather than goods. Economists divide the products of all economic activity into two broad categories, goods and services. Industries that produce goods (tangible objects) include agriculture, mining, manufacturing …   Universalium

  • service industry — noun (C, U) an industry that provides a service such as insurance, bank accounts, or advertising rather than a product …   Longman dictionary of contemporary English

  • service industry — / sɜ:vɪs ˌɪndəstri/ noun an industry which does not produce raw materials or manufacture products but offers a service (such as banking, retailing or accountancy) …   Dictionary of banking and finance

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