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  2. Dictionary

    busi·ness
    [ˈbiznəs]
    noun
    business (noun) · businesses (plural noun)
    1. a person's regular occupation, profession, or trade:
      "she had to do a lot of smiling in her business" · "are you here on business?"
    2. the practice of making one's living by engaging in commerce:
      "the jewelry business" · "the business community" · "the world of business" · "whom do you do business with in Manila?"
    3. informal
      an affair or series of events, typically a scandalous or discreditable one:
      "they must be told about this blackmailing business"
      • informal
        a group of related or previously mentioned things:
        "use carrots, cauliflower, and broccoli, and serve the whole business hot"
    4. theatrical slang
      actions other than dialogue performed by actors:
      "a piece of business"
    5. informal
      a scolding; harsh verbal criticism:
      "the supervisor really gave him the business"
    Origin
    Old English bisignis ‘anxiety’ (see busy, -ness); the sense ‘state of being busy’ was used from Middle English down to the 18th century, but is now differentiated as busyness. The use ‘appointed task’ dates from late Middle English, and from it all the other current senses have developed.
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    What does the term 'business' mean?A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. The term business also refers to the efforts and activities undertaken by individuals to produce and sell goods and services for profit. Businesses can be for-profit entities or non-profit organizations.
    What does a business do?Businesses are organizations that seek profits by providing goods or services in exchange for payment. Learn how they are formed and the common types.
    What is the difference between a company and a business?In law and public offices, a distinction is made between the term business and a company, such as a corporation or cooperative. Colloquially, the terms are used interchangeably. A company is a separate legal entity that provides limited liability for its owners and members. This is different from sole proprietorships and partnerships where the business and the owner are not legally distinct.
    en.wikipedia.org
    What is a company and how does it function?A company is a legal entity formed by a group of individuals to engage in and operate a business —commercial or industrial—enterprise. It functions as a separate entity from its owners and can be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction.
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  8. Business: What Is It? - The Balance

    WebJul 18, 2020 · A business is an entity that seeks to profit from a product or service. An entity that seeks to profit is a business, whether or not it succeeds in obtaining profits. The three main categories of business are …

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