Firm

Firm

A business (also known as enterprise or firm) is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

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Famous quotes containing the word firm:

    Our peace shall stand as firm as rocky mountains.
    William Shakespeare (1564–1616)

    With wavering steps does fickle fortune stray,
    Nowhere she finds a firm and fixed abode;
    But now all smiles, and now again all frowns,
    She’s constant only in inconstancy.
    Ovid (Publius Ovidius Naso)

    What if we wake one shimmering morning to
    Hear the fierce hammering
    Of his firm knuckles
    Hard on the door?
    Shall we not shudder?
    Gwendolyn Brooks (b. 1917)