- develop
- develop de‧vel‧op [dɪˈveləp] verb1. [intransitive, transitive] to grow or gradually change into a larger, stronger, or more advanced state:
• Once a stock market develops in the Czech Republic, the bank's customers will be offered investment accounts.
develop into• The city developed into a major trading center.
develop from• The Pacific Rim has developed from being a satellite of Japan into an economic base of its own.
develop something• The company wants to develop its European operations.
• He developed the company's laptop market, which was a great success.
2. [transitive] to plan and make a new product or provide a new service:• We have developed a new-generation microprocessor for our top-of-the-range computers.
• It takes time to develop and market new software.
• The building contractor is developing a site in Piccadilly Circus.
4. [transitive] to use a natural substance or product in order to make a profit:• The venture will explore for and develop oil and natural gas in the Sindh province of Pakistan.
5. [transitive] to create a plan, policy, or idea:• The country must develop a viable national energy policy.
• We have developed a very positive plan for the store's future.
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develop UK US /dɪˈveləp/ verb► [I or T] to grow or change into a more advanced, larger, or stronger form, or to make something do this: »They tracked the storms as they developed, and then began canceling and diverting flights.
»The company later developed into a worldwide chain.
develop from sth (to sth) »The project has taken eight years to develop from idea to fully-fledged movie.
»Dual-side marketing is a new concept and requires time to fully develop.
► [T] to invent something or bring something such as a product or service into existence: »The software was developed by a marine science consulting firm.
»In an era of innovation, they will need to demonstrate leadership in developing new industries and products.
► [T] to think of and produce a plan or idea: »The bill calls on the Energy Department to develop a plan to cut gasoline consumption by 20% by 2017.
»The group developed the strategy with Guyana's government.
► [I or T] ECONOMICS if a country develops, it gets more industry and economic activity and becomes richer: »No country has ever successfully developed on aid alone.
► [I or T] HR to learn and improve a skill, ability, quality, etc.: »They will have to be more flexible and develop new skills.
► [T] PROPERTY to build houses, factories, stores, etc., on a piece of land: »Land along the canal was developed long before the existing flood walls were built.
develop sth into sth »Property along coastlines has been bought and developed into resorts and vacation homes.
► [T] NATURAL RESOURCES to take natural resources from an area of land, or to make it possible to do this: »Plans to develop an iron ore mine in the north-western region of Pilbara were rejected by the Environmental Protection Authority.
Financial and business terms. 2012.
