- the activity of searching for valuable natural resources, as gold or oil: Foreign energy companies continue to explore for offshore oil, even though international agencies say the prospecting violates international law.
- the activity of searching for something, especially prospective or likely customers, clients, etc.:Calling expired listings, knocking on doors to introduce yourself, and placing cold calls from lists of names all come under the umbrella of prospecting.
- of or relating to the activity of searching for valuable natural resources:The mine has two shafts 600 feet apart: a prospecting shaft over 150 feet deep, and a double compartment shaft over which hoisting machinery is to be placed.Following a stint as a prospecting geologist in northern Ontario, he enrolled in a PhD program in the UK.
- of or relating to the activity of searching for something, especially prospective or likely customers, clients, etc.:The number of days between initial contact and a deal’s closing date is used to calculate the average number of days in the prospecting cycle.
