Definition, Meaning & Synonyms

randd

Noun

/ˌɑːr.ənˈdiː/

Definition

Randd refers to the abbreviation for ‘Research and Development’, a crucial aspect in various industries aimed at innovating and improving products, services, or processes.

Examples

The company’s randd department is focusing on developing sustainable energy solutions.
Investing in randd can lead to breakthroughs that significantly improve production efficiency.
Many tech startups allocate a large portion of their budget to randd to stay competitive.

Meaning

The term describes activities aimed at creating new knowledge or translating existing knowledge into new applications, particularly in technology and science.