BusinessThe term business refers to activities or interests. By
extension the word became (as recently as the 18th century)
synonymous with "an individual commercial enterprise" and has
also sometimes taken on the meaning of "the nexus of commercial
activities" or of "the representatives of commercial activity".
Specifically, business can refer, collectively, to individual
economic entities. In some legal jurisdictions, such entities
are regulated by law to conduct operations on behalf of
entrepreneurs. A manufacturing business is commonly referred to
as an industry: for example: the "entertainment industry", or
the "dairy industry", or the "fishing industry".