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Business

Organization engaged in commercial, industrial, or professional activities.

company

An organization engaged in commercial, industrial, or professional activities aimed at producing goods or providing services.

Etymology

From Middle English businesse, from Old French besoin (need), from Latin negotium (business, concern).

Explain Like I’m 5

A business is like a lemonade stand - someone makes and sells something to earn money.

Fun Facts

The word 'business' comes from the Old French word 'besiness', meaning ‘busyness’
Many small businesses fail within their first five years
The oldest continuously operating business in the world is a Japanese inn, Nishiyama Onsen Keiunkan

FAQ

What is a business? An organization that provides goods or services for profit
How do businesses make money? By selling products or providing services to customers
What are some common types of businesses? Retail stores, restaurants, and online companies

Synonyms — Similar or Related Terms

enterprise firm company

Hypernyms — Broader Categories

organization activity commerce

Hyponyms — Specific Examples

corporation partnership sole proprietorship

Meronyms — Parts or Components

assets liabilities operations

Holonyms — Wholes or Groups

economy market

Indexes

economic organizational

Related

Built by Tim Jones