Lexeme: industry standard  
Inferred
Definition:
  1. noun. Industry standard refers to a widely accepted and recognized set of guidelines, practices, or specifications that are followed by companies or professionals within a particular industry. These standards are developed and established by industry organizations, regulatory bodies, or consensus among industry experts. Industry standards serve as benchmarks for quality, performance, safety, interoperability, and other key aspects within a specific sector, ensuring consistency, compatibility, and facilitating efficient operations and collaboration within the industry. GPT3.5
Word Forms:
  • noun. industry standard (singular), industry standards (plural)
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