Business

Definition

  • An entity that engages in professional, industrial or commercial activities. Businesses can be either non-profit or for-profit.
  • Professional, industrial or commercial activities assumed by an entity or group.
  • Economic activities within a particular area or type.

Synonyms
company

Acronyms
busn

Related Terms and Acronyms

  • Accounting Period (AP) Acronym, Important,
    • The time period used in a set of accounting books or financial statements, often 12 months.
  • Business Bankruptcy Definition,
    • A bankruptcy case in which the debtor is a business or an individual involved in business and the debts are for business purposes.
  • Business Insurance Definition,
    • An umbrella term for insurance that covers various losses that may arise due to the operation of a business.
  • Commerce Definition,
    • The systems and activities that impact business and trade within a nation and abroad.
  • Commercial Mortgage Definition, Very Important,
    • A mortgage for commercial property.
  • Common Stock (CS) Acronym,
    • A security that allocates partial ownership in a corporation, but at a lower standing than preferred stocks.
  • Conditional Reserves Definition,
    • Reserves that are considered liabilities.
  • Corporation Definition,
    • A legal entity that is legally separate from its owners and employees.
  • Incorporated Business Definition,
    • A company that exists as a corporation.
  • International Chamber of Commerce (ICC) Acronym,
    • A world business organization that brings business people and experts together to formulate policies in such areas as banking, taxation and the environment.
  • Inventory Definition,
    • Stock on hand in the form of goods ready for sale. Also includes raw material in the process of being manufactured or completed for sale.
  • Operating Cash Flow (OCF) Acronym,
    • The money a company generates from its business operations. This revenue excludes costs from certain investments.
  • Operational Expenses (OpEx) Abbreviation,
    • Costs accruing from a business's business operations.
  • Ordinary Dividends Definition,
    • The distribution of a company's profits that are subject to full taxation.
  • Preferred Stock Definition,
    • A type of security that signifies part ownership in a corporation and is given preferential treatment over common stocks.
  • Privately Held Company Definition,
    • A company that is not listed on a stock exchange.
  • Publicly Traded Company Definition,
    • A company that is sold on a stock exchange.
  • Sole Proprietorship Definition,
    • A business owned by an individual where no legal distinction is made between the business and the owner.
  • World Trade Organization (WTO) Company Est. 1995,
    • An organization that promotes free trade between nations.
    Deals with the global rules of trade between nations.
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