Business Definition

Here we will answer your questions which you should know before you start studying business in school, Such. What is a Business definition? and what is a business?

Business in dictionary

1. uncountable noun

Business is work relating to the production, buying, and selling of goods or services.

Jennifer has an impressive academic and business background.

….Harvard Business School.

2. uncountable noun

Business is used when talking about how many products or services a company is able to sell. If business is good, a lot of products or services are being sold and if business is bad, few of them are being sold.

They worried that German companies would lose business.

3. countable noun

A business is an organization that produces and sells goods or that provides a service.

The company was a family business.

The majority of small businesses fail within the first twenty-four months.

4. uncountable noun

Business is work or some other activity that you do as part of your job and not for pleasure.

I’m here on business.

You can’t mix business with pleasure.

5.singular noun

You can use business to refer to a particular area of work or activity in which the aim is to make a profit.

May I ask you what business you’re in?

6. singular noun

You can use business to refer to something that you are doing or concerning yourself with.

…recording Ben as he goes about his business.

7. uncountable noun

You can use business to refer to important matters that you have to deal with.

The most important business was left to the last.

8. uncountable noun [poss N]

If you say that something is your business, you mean that it concerns you personally and that other people have no right to ask questions about it or disagree with it.

My sex life is my business.

If she doesn’t want the police involved, that’s her business.

9.singular noun

You can use business to refer in a general way to an event, situation, or activity. For example, you can say something is ‘a wretched business’ or you can refer to ‘this assassination business.’

We have sorted out this wretched business at last.

10. See also big business, show business

11. do business

12. have no business

13. be in business

14. out of business

15. business as usual

business wiki

According to Wikipedia

A business is an organization where people work together. In business, people work to make and sell products or services. Other people buy products and services. The business owner is the person who hires people for work. A business can earn a profit for the products and services it offers. The word business comes from the word busy and means doing things.

Originally, individual tradespeople were qualified, and they hired assistants. The invention of the joint-stock company meant a new era in business. By this means, some people put up the money as capital, and others used it to run the business. There is a law which says this kind of company is a “legal entity”: it has a legal life separate from its owners or shareholders. In this way, a company can outlive the people who started it. This idea was invented in medieval times but really flowered in the 19th century. It has spread around the world since then.

Most businesses are created for commerce. There are big and small businesses. For example, one person can open a small barber-shop. A big business, like Microsoft, employs thousands of people all over the world.

Some businesses need fixed locations. Examples are an office, store, or farm. For some businesses, the worker goes to different locations. Examples are carpenters or electricians. They usually bring everything they need for work in their truck.

Business can also mean the work or current state of a business. A business owner might say: “I am doing a lot of business” or “My business is good” or “Business is bad”.

The term can also be used in a more general way. As a noun, it can be used, for example, to speak about a broad area of activity