- business busi‧ness [ˈbɪzns] noun COMMERCE1. [uncountable] the production, buying, and selling of goods or services for profit:
• Students on the course learn about all aspects of business.
• We are in business to create profit.
• The company says it will never do business with the bank again.
• Mr Guerlain learned the perfume business in Grasse.— see also repeat business2. go into business to start working in the production, buying, and selling of goods or services:
• She wanted to quit working as a hostess and go into business on her own.3. go out of business to stop operating as a company, usually because of bankruptcy:
• 1,800 furniture store companies went out of business last year.4. business is business used to say that profit is the most important thing:
• With these guys, business is business, and charity and public works are not part of it.5. [uncountable] the work that you do as part of your job:
• Adam's in Argentina on business.
• Companies are looking hard at the need for many business trips.6. [countable] a person or organization that produces and sells goods or services:
• Do you want to manage your own business?
• She runs a business finding and restoring old cars.
• He works for a catering business.ˌbig ˈbusiness [uncountable] COMMERCE1. very large companies considered as a powerful group with a lot of influence:
• Reformers are trying to cut the links between government and big business.2. a product or activity where a lot of money is involved:
• Pet food is big business.
• Trafficking in stolen cars has become big business across eastern Europe.ˌcore ˈbusiness [countable] COMMERCEthe business that makes the most money for a company and that is considered to be its most important and central one:
• The car maker is to sell off its $1billion technology arm to concentrate resources on its core business.ˌfamily ˈbusiness [countable] COMMERCEa business that is owned and managed by members of the same family:
• The firm began as asmall family business.ˌone-man ˈbusiness [countable] COMMERCEa business consisting of only one person:
• He runs a one-man business as a builder.ˈorganizing ˌbusiness also organising business [uncountable] COMMERCEcompanies involved in making or selling things that help people organize their lives, such as personal computers, videos etc:
• The growing organizing business is also taking advantage of a change in retailing habits.ˈshow ˌbusiness [uncountable] COMMERCEthe entertainment industry, for example television, films, and popular music:
• Few industries rely on show business as heavily as magazines do.ˌsmall ˈbusiness COMMERCE[countable] a business with not many employees, or these businesses considered as a whole:
• They run a small business in Dorset.
• computers for the home, education and small business markets— see also SME7. [uncountable] COMMERCE the amount of work a company has or is doing:
• Soon he had so much business he had to subcontract.
• The company isn't doing much business in Japan.
• The economy is growing, jobs are plentiful and business is good.
• The promotional fares are designed to drum up business (= increase it ) during the slower fall period.reˌpeat ˈbusiness [uncountable] COMMERCEif a company gets repeat business, customers return to it to buy more of its products or services:
• The firm continued to grow, owing mainly to a high level of repeat business.8. [uncountable] work that must be done in a particular job or period of time:
• We discussed this week's business.
• the routine business of government9. get down to business to start dealing with an important subject:
• He offers juice or tea before getting down to business.10. business as usual used to tell you that a shop or business is working normally when you might think it was working in a different way, or was closed:
• The retailer says it intends to do business as usual during its reorganization.
• The market is shut today for Bastille day, but tomorrow it is business as usual.
* * *business UK US /ˈbɪznɪs/ noun COMMERCE► [U] the activity of buying and selling goods and services: in business »
She is an academic, but all her brothers work in business.be in business »
Currently, fewer firms are in business in the area than ever before.go into/set up in business »
She set up in business as a management consultant.be/be put/go out of business »
This new tax will put a lot of small firms out of business.do business with sb/sth »
Our firm does a lot of business with overseas customers.open for business/be open for business »
The new restaurant opens for business this Saturday, 12th June.a business deal/transaction/investment »
He made a $550,000 business deal with Beijing Machinery Import and Export.business activities/practices »
Many of us want to adopt more environmentally friendly business practices.a business venture/proposition/idea »
We can help you put your business idea into practice.»
The scare over product safety in China has created a business opportunity for testing laboratories.»
a business consultant/executive»
a business contact/partner»
the business world/sector»
She stood against a powerful coalition of political and business interests.► [U] work that you do to earn money: be in the ... business »
He's in the frozen food business.the music/insurance/tourism business »
This is a glossary of terms used in the insurance business.on business »
Are you in Baltimore on business?»
a business appointment/meeting/trip»
a business call/letter► [C] a company or organization that buys and sells goods or services: own/run/manage a business »
She owns several businesses in the city.set up/start a business »
He hopes to start a bicycle repair business.»
a telecoms/design/hairdressing businessa family/local business »
We are a family business, and everyone helps out in the shop.»
By the age of 24 I was running my own business.grow/develop/build the business »
We all know we could perform better, grow the business, plan for the future - if we had more time.»
Most business owners would like to think they know what their customers want.► [U] the amount of work done or the number of goods or services sold by a company or organization: »
How is business at the moment?bring in/attract/win business »
The ads in the local press brought in a lot of business.»
He gives tips on finding new business, building a relationship with the customer, and closing deals.business is good/brisk/booming »
After last year's long dry summer, business is booming for irrigation companies.»
business is bad/slack/quiet► [U] the fact that someone buys goods or services from a particular store, company, etc.: lose/need/want sb's business »
If you do not delight the customer, you risk losing their business.● business as usual — Cf. business as usual● business is business — Cf. business is business● sb you can do business with — Cf. sb you can do business with→ See also ANY OTHER BUSINESS(Cf. ↑any other business), BIG BUSINESS(Cf. ↑big business), E-BUSINESS(Cf. ↑e-business), FIRST ORDER OF BUSINESS(Cf. ↑first order of business), ORGANIZING BUSINESS(Cf. ↑organizing business), REPEAT BUSINESS(Cf. ↑repeat business), SHOW BUSINESS(Cf. ↑show business), SMALL BUSINESS(Cf. ↑small business)
Financial and business terms. 2012.