developed country
A country of advanced economic standing. A collective term for developed nations is the *North. Contrast *developing country, the *South, and the "Third World.

Auditor's dictionary. 2014.

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  • developed country — deˌveloped ˈcountry noun developed countries PLURALFORM [countable] ECONOMICS a rich industrial country with a lot of business activity * * * developed country UK US noun [C] ECONOMICS ► a country with a lot of industrial activity and where… …   Financial and business terms

  • Developed country — Industrial Nation redirects here. For the industrial music magazine, see Industrialnation. A developed country is a country that has a high level of development[clarification needed] according to some criteria. Which criteria, and which countries …   Wikipedia

  • developed country — /dɪˌveləpt kʌntri/ noun a country which has an advanced manufacturing system ▪▪▪ ‘…developed countries would gain $135 billion a year and developing countries, such as the former centrally planned economies of Eastern Europe, would gain $85… …   Marketing dictionary in english

  • developed country — n. country in which there is widespread industry and in which the average standard of living is high compared with world standards, progressive countries, modern countries …   English contemporary dictionary

  • less-developed country — ➔ LDC * * * less developed country UK US noun [C] (ABBREVIATION LDC) ECONOMICS ► a country that does not have a lot of industrial activity and where people have low incomes: »Governments in less developed countries realize that telecommunications …   Financial and business terms

  • economically more developed country — (EMDC)   previously known as developed, First World, The North, more developed and more economically developed country (MEDC). A country whose development has led to the presence of welfare criteria that allow the country to be termed… …   Geography glossary

  • Lesser-Developed Country - LDC — A country that is considered lacking in terms of its economy, infrastructure and industrial base. The population of a lesser developed country often has a relatively low standard of living, due to low incomes and abundant poverty. Also referred… …   Investment dictionary

  • economically less developed country — (ELDC)   previously known as undeveloped, Third World, The South, less developed and less economically developed country (LEDC). A country whose development has yet to lead to the presence of welfare criteria that allow the country to be termed… …   Geography glossary

  • less developed country — UK / US noun [countable] Word forms less developed country : singular less developed country plural less developed countries economics a fairly poor country without much industrial development …   English dictionary

  • less developed country — UK US noun [countable] [singular less developed country plural less developed countries] economics a fairly poor country without much industrial development Thesaurus: general words for countries …   Useful english dictionary

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