Related Terms
A change in the physical location of a business. A business might relocate because of rising costs at the current facility, better tax breaks in a different location, changes in its target market, or for other reasons.

Use 'relocation' in a Sentence

After extensive debate over the possibility of relocation, our partners have agreed that the anticipated 15% increase in profit is enough reason to move our home office three miles north.
19 people found this helpful
The relocation of the plant was determined to be necessary by management as the cost of doing business was increasing.
18 people found this helpful
Once we were done with relocation, I think we would do better with business because we would be in a better area.
16 people found this helpful

Email Print Embed

Mentioned in These Terms