Words / L / Business

laggard

noun/ˈlæɡəd/

B2CEFR level
60/100Rarity: rare
TechnicalRegister

A company that trails its peers in performance or in adopting new methods.

Once the sector's laggard, the firm surprised everyone by out-innovating its former leaders.

Similar: straggler

Topic: Strategy in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Strategy