What does line of business mean?

Definitions for line of business
line of busi·ness

Here are all the possible meanings and translations of the word line of business.

Princeton's WordNet

  1. line, product line, line of products, line of merchandise, business line, line of business(noun)

    a particular kind of product or merchandise

    "a nice line of shoes"

  2. field, field of operation, line of business(noun)

    a particular kind of commercial enterprise

    "they are outstanding in their field"

Freebase

  1. Line of business

    Line of business is a general term which often refers to a set of one or more highly related products which service a particular customer transaction or business need. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to mean a statutory set of insurance policies. It may or may not be a strategically relevant business unit. "Line of business" often refers to an internal corporate business unit, whereas the term "industry" refers to an external view that includes all competitors competing in a similar market. A line of business will often examine its position within an industry using a Porter five forces analysis or other industry-analysis method and other relevant industry information.

Numerology

  1. Chaldean Numerology

    The numerical value of line of business in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of line of business in Pythagorean Numerology is: 7

Images & Illustrations of line of business

  1. line of businessline of businessline of business


Translations for line of business

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"line of business." Definitions.net. STANDS4 LLC, 2018. Web. 16 Nov. 2018. <https://www.definitions.net/definition/line+of+business>.

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