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Corporate jargon (variously known as corporate speak, corporate lingo, business speak, business jargon, management speak, workplace jargon, corporatese, or commercialese) is the jargon often used in large corporations, bureaucracies, and similar workplaces. [ 1][ 2] The language register of the term is generally being presented in a negative ...
In United States law, the ordinary course of business ( OCB) covers the usual transactions, customs and practices of a certain business and of a certain firm. This term is used particularly to judge the validity of certain transactions. It is used in several different sections of the Uniform Commercial Code of the United States.
Line of business. Line of business ( LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies.
What does ‘stand on business’ mean? Once upon a time, elders used to encourage young people to “keep their word.” Now, the new generation of adults is encouraging everyone to “stand on ...
t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [ 1] An LLC is not a corporation under the laws of every state; it is a legal form ...
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Political and legal issues made it impossible for either government to pull out. [9] The idea of sunk costs is often employed when analyzing business decisions. A common example of a sunk cost for a business is the promotion of a brand name. This type of marketing incurs costs that cannot normally be recovered [citation needed].
Beyond this context, it is generally used with the meaning to 'get rid of' someone or something. [2] According to the online Merriam-Webster dictionary, it means to "refuse to serve (a customer)", to "get rid of" or "throw out" someone or something. [3] According to the Oxford English Dictionary, it may be used as a noun or verb. [4]