Definition

A strategic venture or experimental attempt into unfamiliar territory, usually business-related. Companies love making 'forays' into new markets, which is a classier way of saying 'we're throwing money at something we don't fully understand.'

Example Usage

Apple's foray into the smart home market has been less successful than their iPhone dominance, proving that innovation requires more than just brand power.

Source: Strategic business terminology

Related Terms

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See “foray” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

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