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nanotechnology definition - finance
The building of very small machines. Nanotechnology involves manipulating matter at the atomic scale, resulting in faster, more powerful technology that uses smaller parts. A nanometer, which is a billionth of a meter, is only about three to five atoms wide. In early 2003, some companies were working on creating a manufacturing technology for computer chips that were 90 nanometers across, which is 30 percent smaller than the 130-nanometer computer chip technology that was common in 2002.

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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