operation

operation
operation op‧e‧ra‧tion [ˌɒpəˈreɪʆn ǁ ˌɑː-] noun
1. [uncountable] the way the parts of a machine, system etc work together, or the process of making a machine, system etc work:

• the design and operation of specialized equipment

2. in/​into operation MANUFACTURING if something is in operation, or is put into operation, it is working or is made to start working:

• The nuclear plants in operation produce 400,000 megawatts.

• The new subway lines are scheduled to go into operation at the end of the year.

• The manufacturer put a $120 million joint venture in Hungary into operation last March.

3. [countable] COMMERCE ORGANIZATIONS a business activity or company:

• It claimed to be the only European commuter rail operation not supported by public money.

4. [countable] a part of a large business or company that does a particular activity or type of work:

• Its West European operations have emerged as the biggest profit earners in the entire group.

• The business has been able to shed its loss-making operations.

• This move strengthens the company's retailing operations in the Netherlands.

5. [countable, uncountable] COMMERCE the process of operating as a business:

• Many small businesses fail in the first year of operation.

• The publishing house ceased operations in 1998.

• The firm is stillin operation.

6. operations [plural] FINANCE a company's normal activities related to providing services or producing goods, rather than other actions with financial effects, such as selling assets:

• The company reported earnings from operations of about 88 cents a share.

7. [countable] FINANCE the action of buying or selling something; = TRANSACTION:

• Their purchase was not the straightforward financial operation they claimed.

8. come into operation/​put something into operation when a law, system, or rule comes into operation, it starts having an effect or being used:

• The new rule comes into operation on 1 February.

• We hope to put the new regulations into operation immediately.

9. [countable] COMPUTING an action done by a computer or a machine:

• Several operations can be carried out by the program at the same time.

10. [countable] a set of actions, usually involving a large number of people, that are planned to achieve a particular purpose:

• a salvage operation

• The construction and administration of questionnaires is a highly skilled operation.

* * *

operation UK US /ˌɒpərˈeɪʃən/ noun
[U] the fact of operating or being active: come into/begin operation »

We expect the new procedure to come into operation early next year.

be out of/cease operation »

The company was facing a court order to cease operation.

»

The construction work will not affect the day-to-day operation of the company.

in operation »

There are several reactors of this type in operation at the moment.

»

We hope to be in commercial operation within three months.

»

The firm is in its third year of operation.

[C] a business organization: »

Less profitable business operations will have difficulty finding financial support.

»

a banking/retail/manufacturing operation

»

We can capture carbon emissions at power plants, oil refineries, and cement-making operations.

»

The group's profits fell, despite a good performance from its overseas operations.

operations — Cf. operations
[C] an activity which is planned to achieve something: an operation to do sth »

The police have launched an operation to prevent the sale of pirated software.

»

A rescue operation to save the country's largest bank is underway.

»

a cost-cutting operation.

»

a military/peacekeeping operation

[U] the way that parts of a machine work together, or the process of making parts of a machine or system work together: »

Teamwork is essential to ensure the smooth operation of the department.

»

Open the machine and check the operation of the locking mechanism.

See also HOLDING OPERATION(Cf. ↑holding operation), MATERIALS, REPAIR, OPERATION(Cf. ↑materials, repair, operation)

Financial and business terms. 2012.

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