OXFORD 9000
📚 noun • entry_id 37550

agribusiness

/ˈæɡɹɪˌbɪznəs/
Meanings (ES + gloss)
agronegocio
Business (especially big business) connected to agriculture, either owning or operating large-scale farms, or catering to those who do.
"Agribusiness," he [John H. Davis] says, "can be used as a starting point in the attack on the problem of farm surpluses and dipping farm incomes." [...] Davis arrives at his estim…
Near-synonym: agroindustry
agronegocio
A business or group of businesses engaged in agriculture, particularly if using modern farming techniques in the process.
The following broad categories of machinery users can be identified: / ― Estates, plantations, and large agri-businesses that purchase their machinery outright or with credit from…
The notable difference between the performance of the government's agricultural firms and private agribusinesses is that the private firms use formal production contracts. These co…