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English definition of “business”

business

noun
 
 
/ˈbɪznɪs/ 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 used to say that a business is operating, people are working, etc. in the way that they normally do: It will be business as usual for the office even while the building work is going on.
business is business used to say that in a particular situation the most important thing is to do what is right for a business: It would have been nice to sell the company to friends, but business is business.
sb you can do business with someone who you feel you can work well with, because you understand each other: Eventually they found a consultant they felt they could do business with.
→ See also any other business, big business, e-business, first order of business, organizing business, repeat business, show business, small business
(Definition of business from the Cambridge Business English Dictionary © Cambridge University Press)
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