Service economy


noun

an economic system or sector based on buying and selling of services

Read Also:

  • Service-elevator

    noun 1. an elevator for the use of servants and delivery people and for carrying large items.

  • Service-entrance

    noun 1. an entrance for the use of servants, delivery people, or the like.

  • Service-flat

    noun, British. 1. an apartment with complete hotel services. service flat noun 1. (Brit) a flat in which domestic services are provided by the management Also called (esp Austral) serviced flat

  • Service industry

    noun 1. an industry that provides services, such as transport or entertainment, rather than goods service industry definition An industry that produces services rather than goods. Examples include transportation, banking, retail trade, and entertainment.

  • Service-line

    noun 1. Tennis. the rear boundary of a service court. 2. a line running parallel to the front wall in certain court games, as handball or squash, that marks a boundary of the service area. service line noun (in certain racket games) 1. the line at the back of the court behind which the server […]


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