the last mile

the last mile
the last mile UK US noun [S]
COMMERCE the last stage in a process, especially of a customer buying goods: »

One major problem of online shopping is ""the last mile"" - the delivery to the customer at their home.

COMMUNICATIONS the last stage in providing services such as cable television and broadband to homes and businesses: »

The firm offers an inexpensive and practical way of uncorking the bottleneck of the ""last mile"", bringing vast amounts of bandwidth to any business that wants it.

Compare LLU(Cf. ↑LLU)

Financial and business terms. 2012.

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