n.1.  The act of developing or the state of being developed, as:
a.  The application of techniques or technology to the production of new goods or services.
b.  The business of constructing buildings or otherwise altering land for new uses.
 2.  A significant event, occurrence, or change: a news story covering the latest developments in the scandal.
3.  A group of dwellings built by the same contractor: bought a condo in a new development built by the river.
4.  The organized activity of soliciting donations or grants; fundraising.
5.  Music  a.  Elaboration of a theme with rhythmic and harmonic variations.
b.  The central section of a movement in sonata form, in which the theme is elaborated and explored.