Glossary · Nouns · B
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TermTypeDefinitionClassificationsUpdated
Bush WillownounMWEsmall South African tree having creamy yellow fragrant flowers usually growing on stream banksverified
Bushbabynounagile long-tailed nocturnal African lemur with dense woolly fur and large eyes and earsverified
Bushy AsternounMWEstiff perennial of the eastern United States having small linear leaves and numerous tiny white flower headsverified
Bushytail WoodratnounMWEany of several bushy-tailed rodents of the genus Neotoma of western North Americaverified
businessnounA usually commercial or mercantile activity engaged in as a means of livelihood.Organization
business activitynounMWEThe functions, processes, actions, and transactions of an organization and its employees.Process
Business ConcernnounMWEa commercial or industrial enterprise and the people who constitute itverified
business continuitynounMWEThe providing of critical business functions to customers, suppliers, regulators, and other entities at acceptable predefined levels after incidents and business interruptions.ProcessRegulated
Business Continuity PlannounMWEThe documentation of a predetermined set of instructions or procedures that describe how an organization’s mission/business functions will be sustained during and after a significant disruption.ProcessInternal
Business Continuity Plan (BCP)nounMWEA comprehensive written plan to maintain or resume business in the event of a disruption. BCP includes both the technology recovery capability (often referred to as disaster recovery) and the business unit(s) recovery capability.ArtifactInternal
Business Continuity planningnounMWEThe act of creating processes and procedures to put into place to ensure that essential organizational functions can continue during and after a disaster.ProcessRegulated
business continuity programnounMWEA documented approach undertaken by an organization to implement business continuity.ProcessInternal
Business Continuity StrategynounMWEComprehensive strategies to recover, resume, and maintain all critical business functions.ProcessInternal
business continuity testingnounMWEThe act of performing a test to evaluate the effectiveness of an organization's business continuity plan.Process
Business CyclenounMWErecurring fluctuations in economic activity consisting of recession and recovery and growth and declineverified
Business Data ProcessingnounMWEAny operation or set of operations performed on personal data, whether or not by automated meansverified
Business EnterprisenounMWEthe activity of providing goods and services involving financial and commercial and industrial aspectsverified
Business EstablishmentnounMWEan establishment (a factory or an assembly plant or retail store or warehouse etc.) where business is conducted, goods are made or stored or processed or where services are renderedverified
Business ExpensenounMWEordinary and necessary expenses incurred in a taxpayer's business or tradeverified
Business FirmnounMWEthe members of a business organization that owns or operates one or more establishmentsverified
business functionnounMWEAn activity that is integral to operations or supporting operations within the entity, e.g. sales, marketing, manufacturing, accounting, etc.Process
business impactnounMWEThe financial, reputational or operational consequences to the business.Metric
Business Impact AnalysisnounMWEAn analysis of an enterprise’s requirements, processes, and interdependencies used to characterize information system contingency requirements and priorities in the event of a significant disruption.ProcessInternal
Business Impact Analysis (BIA)nounMWEThe process of identifying the potential impact of uncontrolled, non-specific events on an institution's business processes.ProcessInternal
Business impact analysis/assessmentnounMWEEvaluating the criticality and sensitivity of information assets An exercise that determines the impact of losing the support of any resource to an enterprise, establishes the escalation of that loss over time, identifies the minimum resources needed to recover, and prioritizes the recovery of processes and the supporting system Scope Note: This process also includes addressing: -Income loss -Unexpected expense -Legal issues (regulatory compliance or contractual) -Interdependent processes -Loss of public reputation or public confidenceProcessRestricted
Business IndexnounMWEa statistical compilation that provides a context for economic or financial conditionsverified
Business Interruption InsurancenounMWEinsurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a perilverified
Business LunchnounMWElunch (usually at a restaurant) where business is discussed and the cost is charged as a business expenseverified
business operationnounMWEThe day-to-day execution, monitoring and management of business processes.Process
Business OrganisationnounMWEa commercial or industrial enterprise and the people who constitute itverified
Business OrganizationnounMWEa commercial or industrial enterprise and the people who constitute itverified
business processnounMWEA collection of linked activities that takes one or more kinds of input and creates an output that is of value to an FMI’s stakeholders. A business process may comprise several assets, including information, ICT resources, personnel, logistics and organisational structure, which contribute either directly or indirectly to the added value of the service.Process
Business Process ManagementnounMWEDiscipline involving any combination of modeling, automation, execution, control, measurement and optimization of business activity flows, in support of enterprise goals, spanning systems, employees, customers, and partners within and beyond the enterprise boundaries.Capability
Business RelationshipnounMWEa formal contractual relationship established to provide for regular banking or brokerage or business servicesverified
business resumption testingnounMWEA form of testing designed to determine the effectiveness of an organization's in-place strategy for full recovery of business functions following a disaster or disruption.ProcessInternal
Business RulenounMWEDefinition, constraint, dependency, or decision criteria that determine the method of execution of a task or tasks, or influences the order of execution of a task or tasks. Business rules assert control, or influence the behavior, of a business process within computing systems.Requirement
Business SchoolnounMWEa graduate school offering study leading to a degree of Master in Business Administrationverified
business strategynounMWEA term used in business planning that implies a careful selection and application of resources to obtain a competitive advantage in anticipation of future events or trends.ProcessIP
business unitnounMWEA division or segment of an organization that operates as an independent enterprise representing a specific business function.Organization
Business ValuenounMWEHow much a business is worth. Business value is a highly subjective measure because it involves estimating the value of intangible assets like trade secrets and brand recognition. It adds to this the value of tangible assets like machinery and stockholder equity. Business value is especially important for potential investors or buyers.MetricConfidentialIP
Businessmannouna person engaged in commercial or industrial business (especially an owner or executive)verified
Buskernouna person who entertains people for money in public places (as by singing or dancing), usually while asking for moneyverified
Bust-Up TakeovernounMWEa leveraged buyout in which the target company's assets are sold to repay the loan that financed the takeoververified
Bustardnounlarge heavy-bodied chiefly terrestrial game bird capable of powerful swift flightverified
Bustard QuailnounMWEsmall quail-like terrestrial bird of southern Eurasia and northern Africa that lacks a hind toeverified
Busternouna person born in the generation following the baby boom when the birth rate fell dramaticallyverified
Bustiernouna close-fitting and strapless top without sleeves that is worn by women either as lingerie or for evening dressverified
Butacainenouna white crystalline ester that is applied to mucous membranes as a local anestheticverified
Butacaine SulfatenounMWEa white crystalline ester that is applied to mucous membranes as a local anestheticverified
Butanonenouncolorless soluble flammable liquid ketone used as a solvent for resins and as a paint remover and in lacquers and cements and adhesives and cleaning fluids and celluloidverified
Butcher BlocknounMWEa thick wooden slab formed by bonding together thick laminated strips of unpainted hardwoodverified