Meaning of line of business
WebDéfinir: Line Of Business signifie Secteur d'activité. Line Of Business est un terme anglais couramment utilisé dans les domaines de l'économie / Economics - .Terme de popularité … WebJan 27, 2024 · A line of business (LOB) is a product or service a company offers to serve a specific customer need. A bank, for example, provides LOBs such as loans, overdrafts, …
Meaning of line of business
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WebA line of business is a corporate subdivision focused on a single product or family of products. Recommended Content for You eBook 2024 CIO Agenda: 4 Actions to Ensure … Line of business (LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies. It may or may not be a strategically relevant business unit. "Line of business" often refers to an internal corporate business unit, whereas the term "industry" …
Webline item definition: 1. a single part of a financial statement, especially one giving details of the accounts of a…. Learn more. WebMay 9, 2024 · There are a few takeaways to remember about top-line and bottom-line profit figures. It's possible for an enterprise to increase the top line (sales) while decreasing the bottom line (net earnings). That can happen when expenses increase at a faster rate than revenues. It's also possible for an enterprise to decrease the top line while ...
WebLine of business applications are software applications which are used to facilitate the unique requirements of a team, department, company, or industry. In contrast to productivity applications, such as spreadsheets, which are common to most organisations, LOB applications are specific to the needs of a smaller group. Webline of business: 1 n a particular kind of commercial enterprise Synonyms: field , field of operation Type of: business , business enterprise , commercial enterprise the activity of providing goods and services involving financial and commercial and industrial aspects n a particular kind of product or merchandise Synonyms: business line , line ...
WebNoun. 1. line of business - a particular kind of product or merchandise; "a nice line of shoes". business line, line of merchandise, line of products, product line, line. merchandise, …
WebLine of Credit (LOC) refers to an extended credit limit that individuals receive for their creditworthiness. This amount is available for both personal and business purposes at any point in time. LOC is a revolving plan whereby individuals can use funds until the credit limit is reached, and once the used amount is repaid, they can borrow from ... industrial cleaning company chicagoWebLine of business (LOB) is a general term that describes the related product or services a business or manufacturer offers. A company that manufactures solid-state disk drives, for example, might claim its LOB is data storage. An LOB serves a particular business need or … industrial cleaning company irontonWebnoun ( Insurance: General) A line of business is a general classification of business used by the insurance industry, such as fire, commercial, personal, auto, or residence . Property … loggers find creature in treeWebNov 6, 2016 · A line of business is the set of products and services managed by a department or team. It is a term that can apply to any industry but is particularly common … loggers found inside treeWeb1. a. : a usually commercial or mercantile activity engaged in as a means of livelihood : trade, line. in the restaurant business. b. : a commercial or sometimes an industrial enterprise. … industrial cleaning company profile pdfWebThe meaning of LINE ORGANIZATION is the part of a business organization that forms an integrated whole concerned with the production of the goods or services that are the stock in trade of the organization —often distinguished from staff. industrial cleaning company profileWebFeb 9, 2011 · A company's line of business is a more generic term for what would be known as a product line or product line-up in a manufacturing or retail business. This itself … loggers hitch