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:

    “Mark you the floore? that square & speckled stone,
    Which looks so firm and strong,
    Is Patience:”
    —George Herbert (1593–1633)

    “Our Constitution ... was not a perfect instrument, it is not perfect yet; but it provided a firm base upon which all manner of men of all races, colors and creeds could build our solid structure of democracy.”
    —Franklin D. Roosevelt (1882–1945)

    “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)