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:

    What forests of laurel we bring, and the tears of mankind, to those who stood firm against the opinion of their contemporaries!
    Ralph Waldo Emerson (1803–1882)

    His firm stanzas hang like hives in hell
    Or what hell was, since now both heaven and hell
    Are one, and here, O terra infidel.
    Wallace Stevens (1879–1955)

    Baltimore lay very near the immense protein factory of Chesapeake Bay, and out of the bay it ate divinely. I well recall the time when prime hard crabs of the channel species, blue in color, at least eight inches in length along the shell, and with snow-white meat almost as firm as soap, were hawked in Hollins Street of Summer mornings at ten cents a dozen.
    —H.L. (Henry Lewis)