Definition, Meaning & Synonyms

new-entrant

Noun

ˈnjuː ˈɛntrənt

Definition

A person or organization that enters a market or industry for the first time.

Examples

The new-entrant in the smartphone market has quickly gained popularity due to its innovative features.
As a new-entrant in the fashion industry, the startup has attracted attention with its sustainable practices.

Meaning

A new-entrant is typically a newcomer in a specific field who presents new products, services, or innovations, often bringing fresh competition to established players.