lead time definition by Webster's New World
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
Manufacturing the period of time between the decision to make a product and the beginning of actual production
lead time definition by American Heritage Dictionary
The American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
The time between the initial stage of a project or policy and the appearance of results: a long lead-time in oil production because of the need for new exploration and drilling.
lead time - Business Definition
- The time between order placement and delivery.
- The time between when a project begins and ends. For example, planning for a new housing development requires substantial lead time because of the many permits that are required.