research and development
- *long-term (and often scientific) nature intended to develop new *products and services. Depending on the specific circumstances of R&D activity, *Generally Accepted Accounting Principles around the world set strict criteria for the treatment of R&D costs as either *revenue expenditure or items to be *capitalized and *amortized.
Auditor's dictionary. 2014.
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Research and development — The phrase research and development (also R and D or, more often, R D), according to the Organization for Economic Co operation and Development, refers to creative work undertaken on a systematic basis in order to increase the stock of knowledge … Wikipedia
research and development — ( R&D) Development of new products and services by a company in order to obtain a competitive advantage. Bloomberg Financial Dictionary * * * research and development research and development ➔ R and D * * * research and development UK US noun… … Financial and business terms
research and development — /rɪˌsɜ:tʃ ən dɪ veləpmənt/ noun 1. scientific investigation which leads to making new products or improving existing products ● The company spends millions on research and development. Abbreviation R&D 2. activities that are designed to produce… … Dictionary of banking and finance
research and development — /rɪˌsɜ:tʃ ən dɪ veləpmənt/ noun 1. scientific investigation which leads to making new products or improving existing products ● The company spends millions on research and development. Abbr R&D 2. activities that are designed to produce new… … Marketing dictionary in english
Research And Development - R&D — Investigative activities that a business chooses to conduct with the intention of making a discovery that can either lead to the development of new products or procedures, or to improvement of existing products or procedures. Research and… … Investment dictionary
research and development — re,search and de velopment noun uncount BUSINESS the work that companies do when they are developing new products, services, or methods. Research and development is often simply called R and D … Usage of the words and phrases in modern English
research and development — Ops the pursuit of new knowledge and ideas and the application of that knowledge to exploit new opportunities to the commercial advantage of a business. The research and development functions are often grouped together to form a division or… … The ultimate business dictionary
research and development — UK / US noun [uncountable] business the work that companies do when they are developing new products, services, or methods. Research and development is often simply called R and D … English dictionary