product noun - Definition, pictures, pronunciation and usage notes | Oxford Advanced Learner's Dictionary at OxfordLearnersDictionaries.com

Definition of product noun from the Oxford Advanced Learner's Dictionary

product

noun
 
/ˈprɒdʌkt/
 
/ˈprɑːdʌkt/
Word Family
  • produce verb
  • producer noun
  • product noun
  • production noun
  • productive adjective (≠ unproductive)
  • productively adverb
  • produce noun
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  1. [countable, uncountable] a thing that is grown, produced or created, usually for sale
    • food/agricultural/software products
    • He has eliminated dairy products from his diet.
    • This product contains nuts.
    • The coating could appear in consumer products within five years.
    • The company sells its products around the world.
    • We are increasingly likely to buy products online.
    • Where did you purchase the product?
    • The cooperative helps local farmers successfully market their farm products.
    • It is the responsibility of the industry to produce safe products.
    • The company has been developing the product for years.
    • investment in product development
    • We have just launched a new product on to the market.
    • The store offers a wide range of products.
    • She was very happy with the finished product.
    • The bank offers a whole range of financial products and services.
    • (business) We need new product to sell (= a new range of products).
    Synonyms productproductgoods commodity merchandise produceThese are all words for things that are produced to be sold.product a thing that is produced or grown, usually to be sold:
    • to create/​develop/​launch a new product
    goods things that are produced to be sold:
    • cotton/​leather goods
    • electrical goods
    commodity (economics) a product or raw material that can be bought and sold, especially between countries:
    • rice, flour and other basic commodities
    merchandise [U] goods that are bought or sold; things that you can buy that are connected with or advertise a particular event or organization:
    • official Olympic merchandise
    goods or merchandise?Choose goods if the emphasis is on what the product is made of or what it is for: leather/​household goods . Choose merchandise if the emphasis is less on the product itself and more on its brand or the fact of buying/​selling it.produce [U] things that have been grown or made, especially things connected with farming:
    • We sell only fresh local produce.
    Patterns
    • consumer/​industrial products/​goods/​commodities
    • household products/​goods
    • farm products/​produce
    • luxury products/​goods/​commodities
    • to sell/​market a product/​goods/​a commodity/​merchandise/​produce
    • to export a product/​goods/​a commodity/​merchandise
    • to buy/​purchase a product/​goods/​a commodity/​merchandise/​produce
    Collocations BusinessBusinessRunning a business
    • buy/​acquire/​own/​sell a company/​firm/​franchise
    • set up/​establish/​start/​start up/​launch a business/​company
    • run/​operate a business/​company/​franchise
    • head/​run a firm/​department/​team
    • make/​secure/​win/​block a deal
    • expand/​grow/​build the business
    • boost/​increase investment/​spending/​sales/​turnover/​earnings/​exports/​trade
    • increase/​expand production/​output/​sales
    • boost/​maximize production/​productivity/​efficiency/​income/​revenue/​profit/​profitability
    • achieve/​maintain/​sustain growth/​profitability
    • cut/​reduce/​bring down/​lower/​slash costs/​prices
    • announce/​impose/​make cuts/​cutbacks
    Sales and marketing
    • break into/​enter/​capture/​dominate the market
    • gain/​grab/​take/​win/​boost/​lose market share
    • find/​build/​create a market for something
    • start/​launch an advertising/​a marketing campaign
    • develop/​launch/​promote a product/​website
    • create/​generate demand for your product
    • attract/​get/​retain/​help customers/​clients
    • drive/​generate/​boost/​increase demand/​sales
    • beat/​keep ahead of/​out-think/​outperform the competition
    • meet/​reach/​exceed/​miss sales targets
    Finance
    • draw up/​set/​present/​agree/​approve a budget
    • keep to/​balance/​cut/​reduce/​slash the budget
    • be/​come in below/​under/​over/​within budget
    • generate income/​revenue/​profit/​funds/​business
    • fund/​finance a campaign/​a venture/​an expansion/​spending/​a deficit
    • provide/​raise/​allocate capital/​funds
    • attract/​encourage investment/​investors
    • recover/​recoup costs/​losses/​an investment
    • get/​obtain/​offer somebody/​grant somebody credit/​a loan
    • apply for/​raise/​secure/​arrange/​provide finance
    Failure
    • lose business/​trade/​customers/​sales/​revenue
    • accumulate/​accrue/​incur/​run up debts
    • suffer/​sustain enormous/​heavy/​serious losses
    • face cuts/​a deficit/​redundancy/​bankruptcy
    • file for/ (North American English) enter/​avoid/​escape bankruptcy
    • (British English) go into administration/​liquidation
    • liquidate/​wind up a company
    • survive/​weather a recession/​downturn
    • propose/​seek/​block/​oppose a merger
    • launch/​make/​accept/​defeat a takeover bid
    see also end product
    Extra Examples
    • It's hard to find a competing product that is as compelling.
    • Most companies haven't tested their products on humans yet.
    • Our research enables companies to customize and tailor products to suit individual tastes.
    • The group says it will introduce nine new products before the end of the year.
    • Those who used the products were generally satisfied with the quality.
    • They offer a range of niche products online.
    • They put a lot of time and money into packaging products.
    • Ensure you have adequate product descriptions.
    • She is president of product management.
    • The company is diversifying its product mix to attract new customers.
    • We are expanding the product line-up.
    • We have a good product, but it needs to be marketed better.
    • agencies giving out promotional products
    • everyday household products
    • non-toxic cleaning products
    • for those still concerned about product safety
    • products offered by our insurance companies
    • the company's flagship product
    • the manufacture of chocolate from cocoa bean to the finished product
    Topics Businessa1, Shoppinga1
    Oxford Collocations Dictionaryadjective
    • good
    • right
    • innovative
    verb + product
    • buy
    • purchase
    • sell
    product + noun
    • area
    • category
    • group
    phrases
    • a range of products
    See full entry
  2. [countable] a thing produced during a natural, chemical or industrial process
    • One product of any combustion reaction is carbon monoxide.
    • Methane is a product of this process.
    see also by-product, waste productTopics Physics and chemistryb2
    Oxford Collocations Dictionaryadjective
    • good
    • right
    • innovative
    verb + product
    • buy
    • purchase
    • sell
    product + noun
    • area
    • category
    • group
    phrases
    • a range of products
    See full entry
  3. [countable] product of something a person or thing that is the result of something
    • The child is the product of a broken home.
    • Like many of his generation, he was a product of Japan's obsession with technology.
    Topics Change, cause and effectb2
    Oxford Collocations Dictionaryadjective
    • end
    • final
    • natural
    preposition
    • product of
    See full entry
  4. [countable, uncountable] a cream or liquid that you put on your hair or skin to make it look better
    • This product can be used on wet or dry hair.
    • Don’t put too much product on your skin.
    • Ken uses the very best styling products for Jessica's fine hair.
    Topics Appearancec1
    Oxford Collocations Dictionaryadjective
    • good
    • right
    • innovative
    verb + product
    • buy
    • purchase
    • sell
    product + noun
    • area
    • category
    • group
    phrases
    • a range of products
    See full entry
  5. (mathematics) [countable] a quantity obtained by multiplying one number by another
    • The product of 21 and 16 is 336.
    Topics Maths and measurementc2
  6. Word Originlate Middle English (as a mathematical term): from Latin productum ‘something produced’, neuter past participle (used as a noun) of producere ‘bring forth’, from pro- ‘forward’ + ducere ‘to lead’.
See product in the Oxford Advanced American DictionarySee product in the Oxford Learner's Dictionary of Academic English
utilize
verb
 
 
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