research and development

noun

: studies and tests that are done in order to design new or improved products
The company has a large budget for research and development.

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As a result of the law, companies can immediately deduct domestic research and development costs. Jenny Goldsberry, The Washington Examiner, 6 July 2025 Maureen Gwinn, acting assistant administrator of the Environmental Protection Agency's office of research and development, said the agency's research arm in North Carolina has started accepting applications that would allow employees to adopt lab rats or fish and keep them as pets. arkansasonline.com, 5 July 2025 The bill reinstates the ability for businesses to write off expenses for research and development in the year they are incurred as well. Terina Allen, Forbes.com, 4 July 2025 Due to restricted access to global research and development, innovation in technology might slow down. A.j. Russo, Baltimore Sun, 3 July 2025 See All Example Sentences for research and development

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“Research and development.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/research%20and%20development. Accessed 21 Jul. 2025.

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