minority businessnoun [ C ]
ukusCOMMERCE, SOCIAL RESPONSIBILITYa business that is owned by someone who is from a minority (= a group whose members are of a different race, or have a different culture or religion to that of most other people in that country):
The group works to ensure that minority businesses are treated fairly in the industry.
minority business growth/development
a minority business owner/leader
a minority business policy/program/loan