modelmod·el /ˈmɒdlˈmɑːdl/ noun1[countableC] a particular type or design of a vehicle or machinethe cheapest model in the Volkswagen range
Our photocopier is the latest model.
→ see also brand1, make2 2[countableC] a simple description or structure that is used to help people understand similar systems or structuresa theoretical model
a computer model of the main factors determining a company’s market share
→ Black-Scholes option pricing model → capital asset pricing model → EFQM Excellence Model → option pricing model → pricing model3[countableC] the way in which something is done by a particular country, person etc that can be copied by others who want similar resultsthe American model of airline deregulation