; operating procedures and control signals by which a telecommunications system is controlled. Dictionary entry overview: What does business line mean? Business / Loans / Short-Term and Operating Loans / Operating Line of Credit Royal Business OperatingLine of Credit Access to the Working Capital You Need to Effectively Operate Your Business Supplement your cash flow with a line of credit that gives you access to … merchandise, product, ware - commodities offered for sale; "good business depends on having good merchandise"; "that store offers a variety of products". As with all services, their primary value is intangible, meaning value that has no physical form.Business services represent a large industry and common business model.The following are illustrative examples of business services. 5 ways to abbreviate Line Of Business. All Rights Reserved. • BUSINESS LINE (noun) The noun BUSINESS LINE has 1 sense:. It can also be said as “a layout which has equal operating times at the successive operations in the process as a whole”. Search line of business and thousands of other words in English definition and synonym dictionary from Reverso. Google is my best friend. Line of sight (LOS) is the level of obstruction on the path between two points. A line of business is a corporate subdivision focused on a single product or family of products. 2. English Business process visibility, also called process visibility, is the ability to accurately and completely view the processes, transactions and other activities operating within an enterprise. The profit is a reward for the services of a businessman. It is a process through which information, facts, ideas, orders, advices, decisions, etc. It may or may not be a strategically relevant business unit. F or businesspeople in commerce, finance, and investing the term "Margin" has in at least three different meanings: . The difference between competitive advantage and distinctive capability. Business definition: Business is work relating to the production, buying , and selling of goods or services. A tagline is a phrase that accompanies your brand name to quickly translate your business’s positioning and brand identity into a single line (a tagline) that means something to consumers. By clicking "Accept" or by continuing to use the site, you agree to our use of cookies. line of business meaning, definition, English dictionary, synonym, see also 'line up',advice line',assembly line',bikini line', Reverso dictionary, English simple definition, English vocabulary sector (sĕk′tor) [L., cutter] 1. A definition of requirements management with examples. 1. a particular kind of product or merchandise Familiarity information: BUSINESS LINE used as a noun is very rare. A “line of sight” means that everyone is able to describe how their current work is part of the larger vision and the organization's core strategies. Find more ways to say line of work, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. – Kate Bunting Mar 6 '18 at 8:43 Line of credit loans tend to have a variable rate, whereas fixed-term loans give you the option of fixing the rate for more predictable repayments and loan cost. (BUSINESS) n-var a person, partnership, or corporation engaged in commerce, … The terms 'Bottom Line' and 'Top Line' are part of the finance industry's jargon and used when discussing the financial performance of an enterprise. Sales from online stores are expected to increase 385% this decade. Business definition is - a usually commercial or mercantile activity engaged in as a means of livelihood : trade, line. The insurance company didn't perceive that earthquake insurance would be a profitable enough line of business . A small business line of credit is subject to credit review and annual renewal, and is revolving, like a credit card: Interest begins to accumulate once you draw funds, and the amount you pay (except for interest) is again available to be borrowed as you pay down your balance. Business card first attested 1840; business letter from 1766. Meaning of business line. The term bottom line is often used and refers to the profitability of a business after all expenses are deducted from revenues. An LOB application is one of the set of critical computer application s that are vital to running an enterprise. 2. Business definition: Business is work relating to the production, buying , and selling of goods or services. Business services are services that are primarily sold to organizations. that are behaving as others of the same type or as…. I kind of knew, but then I didn’t. A definition of best in class with examples. Sample 1 Based on 1 documents Examples of Principal Line of Business in a sentence The credit line is then automatically paid down with available funds in your everyday operating account. Principal Line of Business means with respect to a Person a line of business representing more than 20% of such Person's revenues or earnings for the prior fiscal year. How to abbreviate Line Of Business? First Meaning: Margins in Business Commerce. Business Communication refers to the communication relating to business activity which means providing goods and services to the consumers with a view to earning profit. The common types and formats of requirements. Meaning of Line Balancing: “Line Balancing” in a layout means arrangement of machine capacity to secure relatively uniform flow at capacity operation. Meaning "what one is about at the moment" is from 1590s. During a Metro roundtable yesterday the devs started discussing LOB apps, Line Of Business apps. It's easy to get caught up and excited in the latest ecommerce trends, but unless you know the fundamentals, you’ll hit a profitability wall without knowing it. A definition of marketing myopia with examples. Synonym Discussion of business. Anyone cannot run a business. A definition of restructuring with examples. in-line definition: used to describe profits, shares, etc. are conveyed, sent or exchanged between/among the persons associated with business. Another word for line of work. Companies can earn other types of revenue—such as interest and gains on the sale of assets. 2. a particular kind of commercial enterprise. Partners or Investors: If you're starting your business with a partner or private investor, you won't be … A product line in business is a group of related products under the same brand name that is manufactured by a single company. 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. merchandise, product, ware - commodities offered for sale; "good business depends on having good … They play an important role in the operation of many businesses, supervising and managing workers on a daily basis and acting as a … Comprehensive BI systems allow a company to gather, store, access, and analyze corporate data to aid in decision-making.. A list of professions and creative pursuits that are considered art. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. A line of business is the set of products and services managed by a department or team. The Meaning of Margin. Learn more. Sense of "trade, commercial engagements, mercantile pursuits collectively" is first attested 1727, on the notion of "matters which occupy one's time and attention." A list of business analysis techniques, tools and approaches. Compare below-the-line promotion. This is where your leads turn into customers, where your mainly revenue comes from. The physical location for a specific activity designated in the incident management system. The noun LINE OF BUSINESS has 2 senses: 1. a particular kind of product or merchandise. line of business, line of merchandise, line of products, product line, line. This material may not be published, broadcast, rewritten, redistributed or translated. An LOB (line-of-business) is a general term that describes the products or services offered by a business or... 2. A set of products that are grouped together under one department or team based on factors such as product type, customer size, customer needs, channel and brand. By logging in to LINE Business ID, you agree to the Terms of Use.. About LINE Business ID. Line-of-Business Reporting A convention some companies use in their financial statements in which they report information by sector. For exemption purposes, a line of business is a trade or occupation, entry into which is not restricted by a patent, trademark, or other means that allow private parties to restrict the right to engage in the business. Reproduction of materials found on this site, in any form, without explicit permission is prohibited. Essentially, the main focus for what a company does in a particular sector or industry is known as that company’s nature of business. Line of business limitations is a federal income tax rule applied to fringe benefits that employers provide their employees. Meaning of Business Environment. So the plural is 'lines of business'. How to use business in a sentence. For example, a single publicly-traded company that engages in agriculture, mining, and manufacturing may report revenue, sales, and profits/losses for each field individually. How to use business in a sentence. IRMI offers the most exhaustive resource of definitions and other help to insurance professionals found anywhere. The difference between business analysis and business architecture. I sat quietly and listened in on the conversation, untill I suddenly realized that I wasn’t sure what they meant by LOB. A tagline is meant to provide consumers with an indication of your brand and its … What does business line mean? Get the most popular abbreviation for Line Of Business updated in 2021 A variable rate means your repayments can vary if the rate changes – something to think about before you apply. Simple Access. A businessman needs experience and skill to run a business. And synonym dictionary from Reverso the Terms of use.. about line business ID, you agree to the,! 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