research and development
- the part of a commercial company's activity concerned with applying the results of scientific research to develop new products and improve existing onesAbbreviation: R & D
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Examples from the Web for research and development
He also plans to ask Congress to permanently extend a research-and-development tax credit, according to the aides.Will We Finally Get a Stimulus?
The Daily Beast
September 4, 2010