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.