What is line of business?

  • (noun): A particular kind of commercial enterprise.
    Synonyms: field, field of operation
    See also — Additional definitions below

Line Of Business

Line of business (LOB) is a general term which often refers to a set of one or more highly related products which service a particular customer transaction or business need. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to mean a statutory set of insurance policies. It may or may not be a strategically relevant business unit.

Read more about Line Business.

Some articles on line of business:

Line Of Business - Mobile LOB
... Mobile Route Accounting exemplifies a typical mobile application. ...

More definitions of "line of business":

Famous quotes containing the words line of, business and/or line:

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