agribusiness


ag·ri·busi·ness

noun \ˈa-grə-ˌbiz-nəs, -nəz\

: the business or industry of farming or agriculture : farming thought of as a large business

: a company engaged in agribusiness

Full Definition of AGRIBUSINESS

:  an industry engaged in the producing operations of a farm, the manufacture and distribution of farm equipment and supplies, and the processing, storage, and distribution of farm commodities

Examples of AGRIBUSINESS

  1. Several large agribusinesses own most of the farms around here.

Origin of AGRIBUSINESS

agriculture + business
First Known Use: circa 1955

agribusiness

noun    (Concise Encyclopedia)

Agriculture operated by business; specifically, that part of a modern national economy devoted to the production, processing, and distribution of food and fibre products and byproducts. Commercial farming has largely supplanted the family farm in production of cash crops. Some food-processing firms that operate farms have begun to market fresh produce under their brand names. In recent years, conglomerates involved in nonagricultural businesses have entered agribusiness by buying and operating large farms.

Browse

Next Word in the Dictionary: agribusinessman
Previous Word in the Dictionary: agrestic
All Words Near: agribusiness

Seen & Heard

What made you want to look up agribusiness? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More