Business day


 

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Business day

A day in which financial markets are open for trading.



Business day

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Small business policy

Small business policy

Insurance coverage available to new exporters and small businesses.


Basic business strategies

Basic business strategies

Key strategies a firm intends to pursue in carrying out its business plan.


Restrictive business practice

Restrictive business practice

Action by a firm or group of firms to restrict entry by other firms, that is, to prevent other firms from selling their product or in their market. This is a restraint of competition and would normally be illegal under competition policy.


Pure Play Business

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Pure Play Business refers to a business that was established for the web, but had no prior physical presence. Amazon.com is an example of a pure play business. This is in contrast to a Legacy Business, these businesses are the traditional businesses that are transforming to the web.


Business property relief

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A deduction of either 50% or 100% which is made from the value of business property when it is assessed for inheritance tax purposes.


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