core competency

core competency definition - finance
A companyÂ’s primary area of business and greatest expertise. If a company grows by acquiring diversified businesses, then goes through a period of sluggish growth and disappointing earnings, it may shift back to its core competencies and sell off businesses that are non-core.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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