What is line of business?

Line Of Business

Line of business (LOB) 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.

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Some articles on line of business:

Line Of Business - Mobile LOB
... Mobile Route Accounting exemplifies a typical mobile application. ...

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Famous quotes containing the words business and/or line:

    The business of love is
    cruelty which,
    by our wills,
    we transform
    to live together.
    William Carlos Williams (1883–1963)

    The line it is drawn
    The curse it is cast
    The slow one now
    Will later be fast
    As the present now
    Will later be past
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    Bob Dylan [Robert Allen Zimmerman] (b. 1941)