Business definition: Business is work relating to the production, buying , and selling of goods or services. A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. A business owner might say: "I am doing a lot of business" or "My business is good" or "Business is bad". The offers that appear in this table are from partnerships from which Investopedia receives compensation. Businesses can be for-profit entities or they can be For example, the real estate business, advertising business, or …

An Employer Identification Number (EIN) is a unique number assigned to a business for easy IRS identification for tax reporting purposes. Synonym Discussion of business. References

Business definition, an occupation, profession, or trade: His business is poultry farming. A franchise tax is levied at the state level against businesses and partnerships chartered within that state and is not a tax on franchises. | Meaning, pronunciation, translations and examples © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins

By using Investopedia, you accept our How to use business in a sentence. Businesses most often form after the development of a + -ness.The original sense is obsolete, as is the Middle English sense of "state of being much occupied or engaged" (mid-14c. (usually of an animal or child) to defecate or urinate: to apply oneself to serious matters; concentrate on work: They finally got down to business and signed the contract.Instead of a straight answer they give him the business with a needless run-around.The passengers will give the bus driver the business if he keeps driving so recklessly.to propose to take action or be serious in intent; be in earnest: By the fire in his eye we knew that he meant business.to refrain from meddling in the affairs of others: When he inquired about the noise coming from the neighbor's apartment, he was told to mind his own business.an industrial, commercial, or professional operation; purchase and sale of goods and servicesa commercial or industrial establishment, such as a firm or factoryproper or rightful concern or responsibility (often in the phrase an incidental action, such as lighting a pipe, performed by an actor for dramatic effect business. See more. PT is an acronym for Perseroan Terbatas -- a limited liability entity formed and acting per Indonesian commercial law. It is also important to determine the legal structure of the business. Depending on the type of business, it may need to secure permits, adhere to registration requirements, and obtain licenses to legally operate. There is no legal separation between the business and the owner; the tax and legal liabilities of the business are thus that of the owner. Limited liability is a type of liability that does not exceed the amount invested in a partnership or limited liability company. Published by Houghton Mifflin Harcourt Publishing Company.the purchase and sale of goods in an attempt to make a profit.a person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit-seeking enterprise or concern.Most of the store's business comes from local families.a building or site where commercial work is carried on, as a factory, store, or office; place of work: His business is on the corner of Broadway and Elm Street.that with which a person is principally and seriously concerned: something with which a person is rightfully concerned: a movement or gesture, especially a minor one, used by an actor to give expressiveness, drama, detail, etc., to a scene or to help portray a character.of, noting, or pertaining to business, its organization, or its procedures.containing, suitable for, or welcoming business or commerce: profit has precedence over personal considerations: He is reluctant to fire his friend, but business is business. Dictionary.com Unabridged Because the term “business” can be interchanged with day-to-day operations as well as the overall formation of a company, the term is often used to indicate transactions regarding an underlying product or service.
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Businesses range in scale from a

A sole proprietorship, as its name suggests, is a business owned and operated by a single natural person. A company may describe its business by communicating the industry in which it operates. Business Industries . The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit. In many countries, corporations are considered to be juridical persons, meaning that the business can own property, take on Business history is a historiographical field which examines the history of firms, business methods, government regulation and the effects of business on society. Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Investopedia uses cookies to provide you with a great user experience. The business name can be one of the most valuable assets of a firm; careful consideration should thus be given when choosing it. . For this reason, a relatively new (first available in Wyoming in 1977 and other states in the 1990s) business structure, a limited liability company (LLC), is available; this structure combines the pass-through taxation benefits of a partnership with the limited-liability benefits of a corporation.

As a noun, it can be used, for example, to speak about a broad area of activity. A société anonyme (S.A.) is a French business structure equivalent to a U.S. corporation.


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