From Longman Dictionary of Contemporary Englishwidgetwid‧get /ˈwɪdʒɪt/ noun [countable] 1 spokenEQUIPMENT a small piece of equipment that you do not know the name for2 informal used to refer to an imaginary product that a company might produce Company A produces 6,000 widgets a month at a unit price of $0.33.3 technical a small piece of software used as part of a webpage, or on a mobile phone, that shows information or does other things in a way that is controlled by the user
Examples from the Corpus
widget• Imagine your company sells 240 widgets a month.• Widget Wholesalers, Inc., sells 240,000 widgets per year.• Buyers of cheaper widgets now have money for other purchases.• Submissions for widgets are due by September 4.• A factory-made widget once followed a linear path from design to manufacturing and delivery.• Its cost price per widget is $ 2, and inventory carrying costs are 20 percent of average inventory level.• They can't go on making the same widget day after day.• A new text widget should support a range of colour and typefaces.From Longman Business Dictionarywidgetwid‧get /ˈwɪdʒɪt/ noun [countable] informal1any small piece of equipment, used especially to talk about something that you do not know the name ofRear-view mirrors are just the kind of widget that car makers could easily buy from cheap-labor plants in Asia.2an imaginary product that a company might produceIf a retailer marks down a shelf of widgets to $ I.99 apiece from $4.99, it may sell more of them.Origin widget (1900-2000) gadget 