generationgen·e·ra·tion /ˌdʒenəˈreɪʃən/ noun1[uncountableU]MANUFACTURING the process of producing energy or powerthegeneration of electricity
2[uncountableU]COMMERCE the process of producing or increasing income, profits, sales etcLosses of about $27 million weakened Zenith’s internal cash generation (=its ability to produce cash from its activities).
Capital assets play a major role in the generation of income within the economy.
→ cash generation3[countableC]MARKETING a technical product which has been developed from a previous product, or from which a better or more advanced product is developedthe new generation of mobile phones
the previous generation of nuclear power stations