Legal Definition and Related Resources of Business

Anything which occupies the time and attention and labor of men for the purpose of profit . The manner in which individuals make or earn a living. See Iowa-Illinois Gas & Elect. Co. v industrial commission , 95 N.E.2d482, 407 III. 360.

Occupation or employment. 178 111. App. 176. The employment which occupies the time, attention and labor. 37 111. App. 503.

(Affair), noun

• activity
• concern
• duty
• interest
• matter
• mission
• proceeding
• proposition
• responsibility
• task
• undertaking foreign phrases: Aliena negotia exacto officio geruntur
• The business of another is to be carried out with particular care
• Constitutum esse earn domum unicuique nostrum debere existimari
• ubi quisque sedes et tabulas haberet
• suarumquererumconstitutionemfecisset
• lt is established that the home of each of us is considered to be the place of his abode and books
• and where he may have made an establishment of his business
• In suo quisque negotio hebetior est quam in alieno
• Everyone is more dull in his own business than in that of another

(Commerce), noun

• barter
• buying and selling
• commercial intercourse
• dealings
• exchange
• industry
• intercourse
• merchandising
• merchantry
• production
• trade
• trading
• traffic
• transaction
• ventures
• Associated Concepts: business address
• business agent
• business corporation
• business crimes
• business district
• business done in state
• business enterprise
• business expenses
• business hours
• business interruption insurance
• business invitees
• business license
• business losses
• business name
• business paper
• business purposes
• business records
• business restrictions
• business secrets
• business situs
• business trust
• business venture
• business visitor
• doing business
• goodwill of business
• in the course of business
• interference with business
• ordinary course of business
• transacting businessforeign phrases: Ea quae raro accidunt non temere in agendis negotiis computantur
• Those things which rarely happen are not to be taken into account in the transaction of business without sufficient reason

(Commercial enterprise), noun

• noun cartel
• combine
• company
• concern
• corporation
• establishment
• firm
• industry
• manufacture
• organization
• private enterprise
• shop
• store
• syndicate
• venture

(Occupation), noun

• activity
• avocation
• calling
• career
• craft
• duty
• employment
• endeavor
• following
• function
• handicraft
• job
• line
• livelihood
• living
• means of support
• mission
• office
• practice
• profession
• pursuit
• specialty
• trade
• undertaking
• vocation
• walk of life
• work

Browse or run a search for Business in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Business in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Business in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Business in the Legal Abbreviations and Acronyms Dictionary.

You might be also interested in these legal terms:

Mentioned in these terms

Actual Cash Value, Adjourn, Affecting Commerce, Agency, Agent, Apothecary, Apprentice, Articles Of Incorporation, , Boarding House, Boycott, Branch, Broker, Bystander, Capital Assets, Capital Investment, Carrier, Cashier, Cease And Desist Order, Chief Place Of Business, Collection Agency, Committee, Company, Credit Agency, D.B.A., , Deposit, Depot, Diligence, Domestic, Electric Utility Company, Engage, Exchange, Factoring, Factory, Finance, Finance Charge, , Fishery, Fixed Assets, Floating Charge, Franchise, Furnish, Going Concern, Goodwill, Hamper, Implied Agency, Implied Authority, Impossibility, Income, , Insolvency, Insolvent, Intangible, Interstate Commerce, Invitee, Isolated Sale, Isolated Transaction, Joint Adventure, Joint Venture, Juridical Day, Keeping House, Leverage, , Liquidator, Management, Maritime Contract, Maritime Law, Mental Capacity, Mercantile, Mercantile Agency, Merchant, Minimum Contact, Money Bill, Money Changers, Moral Duress, Nautical, Navigation, Occupation, On Approval, Sale, Partner, Partnership, Passing Off, Pawn Broker, Picket, Plant, Post Office, Proceeding, Procuration, Profit, Promoter, Public Utility, Publisher, Quorum, Real Estate Agent, Reciprocity, Reorganization, Residence, Restraint Of Trade, Secondary Boycott, Secretary, Security, Session, Shop Book Rule, Shop Right Rule, Skip-tracing Agency, Slander Per Se, Small Business Act, Spurious, Stock, Stock Exchange, Total Disability, Trade, Trade Name, Transportation.

What does Business mean in American Law?

The definition of Business in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

At its broadest, any regular activity engaged in for gain. But the word is rarely used at its broadest. Sometimes it is used in contradistinction to sport, game, or hobby, to emphasize the gainfulness of the enterprise. At other times, it is used to distinguish mercantile or manufacturing enterprise from employee or worker status, thus emphasizing the partial work autonomy of a businessman. Or it can be used to distinguish trade and manufacture from the work of artisans (e.g., plumbers), artists, or professionals (e.g., lawyers). Then again, business may distinguish white collar from blue collar occupations (as in “She work at the factory? No, she goes into business everyday at an accountant”s”). Moreover, business is often used to describe a complex social and political orientation generally toward capitalism and profits and away from government regulation and wealth redistribution (as in “The business of America is business”).

The thing is, the term business doesn”t have a meaning, and thus when its use has legal signifiance, one must look to context and intent; there is no way of knowing merely from the word”s employment in, e.g., the phrase “tax on business” whether the income of a lawyer, a plumber, an artist, a hobbyist, a charity, or even a manufacturer is subject to it-though a dress shop in the jurisdiction pretty clearly is.

Browse

You might be interested in these references tools:

This definition of Business Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..

Vocabularies (Semantic Web Information)

<

Concept of Business in the context of Real Property

A short definition of Business: Unqualified, the word has no definite meaning, but has come to be understood to be any activity by which people earn money.

Concept of Business in the context of Real Property

A short definition of Business: Unqualified, the word has no definite meaning, but has come to be understood to be any activity by which people earn money.

Resources

Legal English Vocabulary: Business in Spanish

Online translation of the English legal term business into Spanish: Negocios (English to Spanish translation) . More about legal dictionary from english to spanish online.

Related to the Legal Thesaurus