| gen. |
business (1) All forms of industrial and commercial profit-seeking activity. The business cycle refers to fluctuations in the aggregate level of economic activity, and the Business Expansion Scheme in the UK uses business in this sense. 2) The firms conducting these activities: businessmen or women are the directors and managers of firms. 3) The ownership/management side of firms, as opposed to their ordinary employees; this group is often referred to as the business community. OE Alexander Demidov) |
