Definition of "newbuild" []

• A newly built building (especially one that is not yet occupied) (noun)
• A newly built vessel (noun)

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• "I will begin with a discussion of our recently announced contract with ExxonMobil on the HHI newbuild, which is a five-year contract commencing Q4 2010 at $650,000 a day for operations in Brazil and $640,000 per day for operations in the US Gulf of Mexico."
• "'' newbuild '', albeit one that houses a banana tree."
• ""We started to see this was the trough of the newbuild cycle," Mr. Park says."